Credit card notices are worth reading-The Dallas Morning News

Posted on December 28, 2009. Filed under: Uncategorized |

An article worth reading from The Dallas Morning News:

“Credit card companies are starting to send out notices to their customers on how new credit card rules will affect them.

I’m collecting the ones I’ve received, and they’re worth reading, even if it’s the last thing on your mind.

It’s important to read them because they represent the meat of the federal Credit Card Accountability, Responsibility and Disclosure Act of 2009 that will take effect Feb. 22.

The sweeping law includes restrictions on over-the-limit fees, the marketing of credit cards to adults under 21 and dramatic changes in how issuers can impose interest rate increases.

When you get the notice from your card issuer,there are parts worth noting”

click here for the full article

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