google.com - 12/18/2008
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9 hours ago WASHINGTON (AP) Consumers will be shielded from increases in interest rates on existing account balances on their credit cards under new rules being adopted by federal regulators. The changes will allow credit card companies to raise interest rates only on new credit cards and ...
reuters.com - 12/14/2008
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reuters.com —
WASHINGTON (Reuters) - The U.S. credit card industry,
harshly criticized for imposing surprise fees and interest rate...
hikes on consumers, may face a day of reckoning on Thursday.. The Federal Reserve is to vote on credit card reforms that may bring ...
(more)
Banks and consumers brace for new credit card rules
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Good News! Consumer Friendly Credit Card Rules A Comin’!
Pirate's Cove —
... Consumers will be shielded from increases in interest rates on existing account balances on their credit cards under new rules being adopted by federal regulators. ...
Good News! Consumer Friendly Credit Card Rules A Comin’!
Stop The ACLU —
Like, you know, totally, like, you know, cool! Consumers will be shielded from increases in interest rates on existing account balances on their credit cards under new rules being adopted by federal regulators. The changes will allow credit card companies to raise interest rates only on new credit cards and future purchases or advances, rather than on current balances. The new rules coming Thursday from the Federal Reserve and other banking regulators mark the most sweeping clampdown on the credit card industry in decades, aimed at protecting consumers from arbitrary hikes in ...
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