How effective is the credit card act

Protecting Consumers—A Glance at Obama’s Credit Card Act and Its Effectiveness

by Legal Author June 13, 2012 Banking and Finance Law

Below is a legal blog post regarding Obama’s Credit Card Act in the US and its effectiveness. In 2009, now three years ago, President Obama signed into effect the Credit Card Act. The Act was designed to protect debt-swallowed consumers from surprise charges and fees put in fine print by credit card companies. While the […]

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