cfpb and credit cards

Today the Consumer Financial Protection Bureau (CFPB) released its annual assessment of the CARD Act, a landmark 2009 credit card reform bill. Before the legislation went into effect, banking industry lobbyists argued that the regulation would inevitably raise credit card rates, choke off the...
Some hangovers last longer than others -- holiday spending hangovers, for example. As of last October, according to a recent poll by Consumer Reports, fully 6 percent of Americans -- 14.1 million people -- were still paying off credit card purchases from the 2010 holiday season. ...
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