Forget the mortgage, pay off the credit card.
That seems to be the message Americans are getting from their elected officials as a new study conducted by BillShrink.com finds that 59 percent of Americans are paying off their credit card balances in full every month. That’s an increase of 13 percent from the previous year.
At the [...]
Entries Tagged as 'Laws and Resources'
More credit card bills paid each month
No Comments · Laws and Resources, Who Benefits
Tags: CARD Act·credit card fees·interest rates
Its Official – Obama Signs the Credit Card Reform Bill
No Comments · Laws and Resources, The Credit Plan
Well – this was one of the fastest pieces of legislation to make it through DC in years! Today, President Obama signed the Credit Card Consumers Bill of Rights, aka the Obama Credit Plan as I lie to call it, into law!
Head ovr to the Bloomburg site to read the full story.
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Truth in Lending – Maybe Congress Needs to Start Within!
No Comments · Laws and Resources, Learn About Credit
As I started building some content for this Obama Credit Plan site today, I was led to the Truth in Lending Act, which was enacted by our Gov’t in 1968 to protect consumers and assure they are 100% aware of all costs involved in the credit relationship they are about to enter.
Go Ahead – Try [...]
Tags: lending laws·truth in lending