Tuesday, July 22, 2008

New federal credit card rules?

Finally it looks like Congress is looking at some legislation to help us with credit card industry abuses, since many states, including ours, seem to think that having the jobs in your state is more important than protecting younger and older Americans from predatory and immoral business practices.

Reps. Maloney and Frank (both with a "D" after their names; are you surprised?) have come up with a proposal that's worth considering, a Credit Cardholders Bill Of Rights (SR 5244).

Please consider asking Rep. Herseth to join on this bill, on behalf of the many in our state who are under attack by unscrupulous credit card dealers.

No comments:

Post a Comment