Credit CARD Act loophole could raise your rate

Posted by on August 31st, 2011 filed in Credit Cards

The Credit CARD Act of 2009 was enacted to curtail abusive practices by credit card issuers and protect consumers from out-of-control fees and interest rates that seemed to fluctuate daily. But is the CARD Act the firewall consumer advocates wanted, or just a new way to be completely confused by the fine print?

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