Credit Score Report Guide

Feb/11

25

New credit card rules are working, agency’s report says

New credit card rules are working, agency’s report says
NEW YORK — Credit card holders are facing fewer interest rate increases and forking over sharply less in late fees. A year after new regulations curbed a spate of questionable billing practices, federal officials say over-the-limit penalty charges have also been dramatically curtailed. The findings come from the newly created Consumer Financial Protection Bureau, which will assume responsibility …
Read more on The Wenatchee World

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