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.
Financial Regulatory Forum
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.
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…)