Personal Finance Advice and Commentary

Thursday, July 08, 2010 12:41 pm
By Marcie Geffner · Bankrate.com

As Congressional leaders continue to hammer out the final details of the Restoring American Financial Stability Act of 2010, I have to wonder whether anyone has actually read the current, and apparently soon-to-be-final, bill. After all, we’re all talking about legislation that, in the House version, is something like 1,616 pages in the PDF. That’s

Thursday, July 01, 2010 11:42 am
By Leslie McFadden · Bankrate.com

New credit card disclosure rules for solicitations, agreements and periodic billing statements take effect today as part of reforms approved by the Federal Reserve Board in December 2008. According to Nessa Feddis, VP and senior counsel for regulatory compliance at the American Bankers Association, an industry trade group, these are some of the key changes:

Tuesday, June 29, 2010 9:33 am
By Marcie Geffner · Bankrate.com

It’s official — almost. Both the U.S. House and Senate have passed different versions of a sweeping financial reform bill that contains a hodge-podge of new regulations on everything from consumer protection and stated-income mortgages to derivatives and ratings agencies. Having followed the back and forth debate with interest, I can tell you that the