http://www.mortgagefit.com/blog/creditcard-reforms/ Behind the scene Sat, 21 Nov 2009 22:45:13 +0000 http://wordpress.org/?v=2.5.1 http://www.mortgagefit.com/blog/creditcard-reforms/#comment-16375 Sara Jones Mon, 12 Oct 2009 10:25:49 +0000 http://www.mortgagefit.com/blog/?p=99#comment-16375 Good news for consumers :) and bad news for card issuers - it was announced that the CARD Act provisions may come into effect from December 1, 2009 instead of February 2010. If the credit card rules come into effect from December, the card holders would be saved from adverse change on their credit card rates and terms. This will also help the consumers to not to over charge their credit limits during the festive season. Good news for consumers and bad news for card issuers - it was announced that the CARD Act provisions may come into effect from December 1, 2009 instead of February 2010. If the credit card rules come into effect from December, the card holders would be saved from adverse change on their credit card rates and terms. This will also help the consumers to not to over charge their credit limits during the festive season.

]]> http://www.mortgagefit.com/blog/creditcard-reforms/#comment-15415 EgorG Tue, 28 Jul 2009 06:12:00 +0000 http://www.mortgagefit.com/blog/?p=99#comment-15415 As if this isn?t bad enough, many banks are dropping the credit limits and jacking up the interest fees with no notice to their customers. Charging their gambling outings may turn out to be even more costly than they realize at the time. As if this isn?t bad enough, many banks are dropping the credit limits and jacking up the interest fees with no notice to their customers. Charging their gambling outings may turn out to be even more costly than they realize at the time.

]]> http://www.mortgagefit.com/blog/creditcard-reforms/#comment-14659 Annie Donalds Sat, 06 Jun 2009 08:18:43 +0000 http://www.mortgagefit.com/blog/?p=99#comment-14659 Hey Brian...it's really great to hear that ultimately the Federal Government has come up with credit card reforms. If these reforms are accepted, it will be a huge benefit for the common people. Credit card companies have been harassing people through their arbitrary acts. These reforms will bar them from doing so. But with the announcement of these reforms, the credit card companies have raised their interest rates which is a problem for lots of credit card holders all over the country. Hey Brian…it’s really great to hear that ultimately the Federal Government has come up with credit card reforms. If these reforms are accepted, it will be a huge benefit for the common people. Credit card companies have been harassing people through their arbitrary acts. These reforms will bar them from doing so. But with the announcement of these reforms, the credit card companies have raised their interest rates which is a problem for lots of credit card holders all over the country.

]]> http://www.mortgagefit.com/blog/creditcard-reforms/#comment-14658 Jessica Bennet Sat, 06 Jun 2009 07:37:15 +0000 http://www.mortgagefit.com/blog/?p=99#comment-14658 The new credit card rules are likely to prevent debtors from falling into credit card debts. However, such rules have also triggered rate hikes on credit cards. Moreover, credit card companies are expected to reduce the number of discount offers and other facilities that they've been providing so far. The new credit card rules are likely to prevent debtors from falling into credit card debts. However, such rules have also triggered rate hikes on credit cards. Moreover, credit card companies are expected to reduce the number of discount offers and other facilities that they’ve been providing so far.

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