WASHINGTON, Oct 6 (Reuters) – Bank of America said it will not change the terms on consumer credit card accounts ahead of reform legislation slated to go into effect early next year, according to a letter released by a lawmaker on Tuesday.
Bank of America pledges halt on card rate hikes
U.S. Fed proposes new credit-card consumer protections to implement law
WASHINGTON, Sept 29 (Reuters) – The U.S. Federal Reserve on Tuesday proposed tough new credit card rules to protect consumers from potentially costly practices by lenders and moved to implement legislation enacted in May.
(more…)
Minnesota sues credit card arbitration firm
NEW YORK, July 14 (Reuters) – The National Arbitration Forum, which provides arbitration services for consumer credit disputes, has hidden ties to the credit card industry, the Minnesota Attorney General charged in a lawsuit on Tuesday. (more…)
-
Author Profile
-
