Blog Entries tagged 'Federal Reserve' http://www.DueMinder.com/cmsj Mon, 06 Sep 2010 02:54:04 +0100 FeedCreator 1.7.3 http://www.DueMinder.com/cmsj/blog-sixty-to-zero/Feds-New-Rules-for-Issuers.html New rules are on the way to regulate credit card issuers. While the House of Representatives shaped a new bill to reign in issuers (see Credit Cardholders' Bill of Rights), the Senate ran out of time and failed to address it. The Federal Reserve, on a parallel track, has devised a set of rule changes in the same spirit as the Bill that stalled in the Senate. On the down side, the rules don't take effect until July, 2010, giving issuers another year and a half to bleed consumers under the curr [...] admin@dueminder.com Fri, 19 Dec 2008 07:00:00 +0100 regulation payments late fee fee Federal Reserve double-cycle debt credit card congress balance