Other Credit Card Reform Proposals in Congress
May 12th, 2008 | By Rob | Category: College Students, Congress, interest rate, late paymentsThe San Diego Union-Tribune has a list of a few other measures under consideration by Congress in its deliberations over credit card reform.
The measures include:
Restrictions on marketing to college students and those under 21 years of age.
7 percent limit on penalty interest rate increases.
Ban on fees for paying by phone or when using the internet.
Proposals [...]
