Debt

The Credit CARD Act requires credit card companies to provide 21 days between the time they mail a bill and when they charge a late fee. It also puts reasonable limits on late fees and interest rate penalties. The number of households who report paying late fees on their credit cards has declined...
05/23/2012
Data Byte
Signed into law on May 22, 2009, the Credit CARD Act has benefited millions of households in ways that directly affect their monthly budgets. Demos’ 2012 National Survey on Credit Card Debt of Low- and Middle- Income Households finds that the Credit CARD Act empowers Americans to take control...
05/22/2012
Publication
Signed into law on May 22, 2009, the Credit CARD Act has benefited millions of households in ways that directly affect their monthly budgets. Demos’ 2012 National Survey on Credit Card Debt of Low- and Middle- Income Households finds that the Credit CARD Act empowers Americans to...
05/22/2012
Data Byte
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