Credit Card Fairness for Consumers
May 12, 2009
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2:54Now PlayingCredit Card Fairness for Consumers
YouTube Description
as posted by the channelDemocratic Senators today joined consumer protection advocates in discussing new legislation to put fairness and common sense back into credit cards. The bipartisan CARD Act (Credit Card Accountability, Responsibility and Disclosure) is authored by Senator Dodd and cosponsored by Senators Levin, Menendez, Merkley, and 18 others. Democrats are working to protect consumers from excessive fees, ever-changing interest rates and complex contracts seemingly designed to keep people in debt. Their plan will also strengthen oversight of the credit card industry.
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