The first phase of the "Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009" goes into effect this week. While some major provisions of the law won't kick in until next year, credit card companies have to make some immediate changes, including giving cardholders advance notice about interest rate hikes. Personal finance expert and The Takeaway's finance contributor Beth Kobliner joins us to help explain the new rules.
Comments [2]
Principles for Long-term Credit Card Reform ... of credit card contracts: Today credit card ... from key provisions that take effect in the early stages of Affordable Care Act.
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