Credit Cards

Even before the downturn, millions of households were experiencing difficulties meeting the most basic expenses. Now, as families experience declining home values and tightened credit markets, many are falling behind on their mortgage and credit card payments. This report shows how skyrocketing...
ABC News
Dear Senator: I urge you to support S. 414, the Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009, which is expected to come before the full Senate in the coming days. The legislation, introduced by Banking Committee Chairman Chris Dodd (D-CT), would outlaw several...
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Dear Representative and member of the Financial Services Committee: The undersigned consumer, civil rights, small business, investor, community and labor organizations representing tens of millions of Americans strongly urge you to vote for H.R. 627, the Credit Cardholders' Bill of Rights Act (Rep...
The tax relief set aside to stimulate the economy now will not provide the injection needed to stabilize the household economy through increased spending power, so that families can close the gap between income and expenses. Rather like the $150 billion stimulus package provided to taxpayers by...
                        CNN Caleb Gibson appears on CNN's Lou Dobbs' segment outlining the problems with credit card interest rates, and why the Fed's recent reforms don't go far enough to help consumers today.
The household economy — especially small business, homeowners and student borrowers — will continue to suffer during a sever tightening of lending credit and capital, in spite of the federal rescue plan, this new report shows. The New Squeeze underscores how the continuing fallout from sub-prime...
Floor Vote Expected on September 23, 2008; Congress Urged Not To Weaken Consumer Protections In Bill New York, NY — Today, Tamara Draut, Vice President for Policy and Programs at the non-partisan policy center Demos, sent a letter to all members of the House of Representatives urging full...
Press Release
Demos Issues its Support New York, NY--Today, Tamara Draut, Director of the Economic Opportunity Program at the public policy center Demos, sent a letter to House Financial Services Committee Chairman Barney Frank and Ranking Member Spencer Bachus urging the committee's support for H.R. 5244, The...
Press Release
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