New Credit Card Rules: What You Need to Know

Next week new credit card provisions from the 2009 Credit Card Accountability, Responsibility, and Disclosure Act (CARD) will take effect, making it easier for consumers to understand their credit card bills and how interest charges are determined. The new rules will affect millions of consumers. The average person has five credit cards and the average household with at least one credit card has more than $10,000 in credit card debt, according to a 2009 Nilson Report. "Good Morning America"...Full Story
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