Fed proposes new protections for credit card users
Anonymous
Financial Update, 2008, vol. 21, issue 2
Abstract:
The Fed has proposed rules to prohibit unfair practices concerning credit card and overdraft services. Among other safeguards, the rules would protect consumers from unexpected interest rate increases on pre-existing card balances.
Keywords: Credit cards; Consumer protection (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedafu:y:2008:n:v.21no.2:x:4
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