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The Credit CARD Act of 2009 becomes Law

The President signed H.R. 627, known as the Credit CARD Act of 2009, into law. This law created new rules for credit card companies. The goal was simple. Lawmakers wanted to protect consumers from unfair credit card practices. The law also required new guidelines for credit counseling information. Within six months of the law’s passage, […]

Insider Secrets About Bill Collectors

Divorce = Debt. Tips & Tricks You Need To Know By JENNIFER LANE Yes, I used to work for the dark side as a collection agent. As a former insider I know what pushes collectors into giving you the best deal. There are a few simple rules to playing the collector’s game, and you will […]

Change in Terms: Credit card reform, is it in your best interest

Relief is on the way – but at a price. Credit Cardholders’ Bill of Rights Act of 2009 The Credit Cardholders’ Bill of Rights Act of 2009 reached President Barack Obama after the House approved it on Wednesday. Once the President signs the bill, it will change how credit card companies operate. The law aims […]

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