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Winners and Losers 3 Years After Credit CARD Act As predicted, some credit card rates have risen -- on new card offers. It's less clear whether as a whole Americans who already had cards are paying higher rates. Thu, 24 May 2012 05:39:41 -0700
Stay-At-Home Moms Fight Credit Card Bias While the CARD Act of 2009 was celebrated for protecting consumers, it also contained a less-discussed clause that's now affecting stay-at-home moms (and dads): While non-working spouses could previously take out credit cards in their own names by citing household income data, the new rules, as spelled out by the Federal Reserve, require credit card companies to consider only individual income ... Wed, 23 May 2012 09:31:14 -0700
Discover CFO: Interested In Private-Label Card Business Discover Financial Services (DFS) is interested in getting into the private-label credit-card business, Chief Financial Officer Mark Graf said, noting the lender "took a look" at HSBC Holdings PLC's (HBC) U.S. card business. Mon, 21 May 2012 15:29:10 -0700
Getting debt help may hurt access to new credit The reasons that led you into a debt management plan may be the same reasons why credit card issuers keep turning your down for new credit Wed, 23 May 2012 05:00:00 -0700