On May 22, 2009, President Obama signed into law the Credit Cardholder’s Bill of Rights Act of 2009. The provisions of this new law go into effect in February, 2010. A detailed explanation of the provisions of this new law may be found at Adam Levitin’s informative article on the CreditSlips.com blog. In reviewing the [...]
credit cardholder’s bill of rights
The Senate passed the Credit Cardholder’s Bill of Rights on May 20, 2009. The bill already passed the House of Representatives and will now go to President Obama for his signature. This piece of legislation actually limits some of the credit card company’s methods of doing business. It forces them to be more honest and [...]
