Well, the date is finally here; August 22, 2010, six months after it was signed into law on George Washington’s birthday. This is the date many of the provisions of the Credit Card Accountability Responsibility and Disclosure Act of 2009, familiarly known as the Credit Card Act, or just the CARD Act, actually go into [...]
Tags: added fees·annual fee·balance transfer fee·billing cycle·CARD Act·cashback·Congress·Credit Card Act·credit score·creditworthiness·cycle of debt·discontinued credit cards·fee avoidance·foreign transaction fees·inactivity fee·interest rate·late payment·mail notification·market conditions·minimum payment·New Credit CARD fees·new fees·ontime payments·payment allocation·payment receipt·penalty rate·pigeonholing·rewards program·small print·universal default·variable rate