Tuesday, February 23, 2010

CARD now in effect - learn what you need to know

CARD (Credit Card Accountability Responsibility and Disclosure Act) is now in effect. Are you aware of the new rules? Read this fun, pithy and easy to understand in layman's language overview written by a lawyer of what you can expect due to the new CARD law.

Have you noticed any of the changes? I know one of my credit cards is now sneaking a $1 fee for getting a paper statement. Fortunately, I don't use that card very often (and heck, I may just cancel it!) I'm sure that is one of the many new fees that consumers will find themselves asked to pay.

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