Consumer-Action.org has just published highlights of the new credit card rules that go into effect in 2010.
Linda Sherry, Consumer Action’s Director of National Priorities is quoted as saying:
“These groundbreaking rules will help eliminate some of the most unfair and deceptive practices for all credit card consumers, and help those already in debt regain some control over their finances. Unfortunately, banks are being given a full 18 months to continue their indiscriminate interest rate increases on those who can least afford it.”