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regulations

   

OCC Requiring Credit Cards to Report all Interest Rate Increases in 2009

by Flexo on August 5, 2009. Credit 8 comments.

The Office of the Comptroller of the Currency (OCC), a governmental regulatory organization feeling the pressure with the White House proposing replacing many of their duties with a new consumer-oriented regulatory body, has sent out a warning to the CEOs of all national banks. The Credit CARD Act of 2009 requires credit card issuers who ... Continue reading this article…

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New Proposed Regulations for Credit Cards

by Flexo on April 23, 2009. Credit 15 comments.

As Smithee mentioned earlier this week, the Congress and the White House are both working to introduce legislation to help consumers and curb deceptive techniques practiced by credit card lenders. Yesterday, a committee of representatives interested in financial issues put forth a bill to the rest of the House, the Credit Cardholders’ Bill of Rights ... Continue reading this article…

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