Credit card companies are feeling the pressure of additional legislation that may come down on the side of consumers. A Congressional committee met last week to consider the Obama administration’s proposal to eliminate arbitration clauses from credit card agreements. This proposal is part of the administration’s push for more consumer protections. Arbitration clauses can prohibit …
Category Archives: Credit Card Reform
Time for Credit Card Reform
Want to do something in support of credit card reform? Visit CreditCardReform.org and use the template to contact your legislators in support of credit card reform. It’s easy and the more your congress-critter hears you complain about credit card pain, the more likely he or she will be to support the initiatives in the U.S. …
