The Consumer Financial Protection Bureau (CFPB) is soliciting feedback and comments from consumers about a news and simpler format for credit card agreement. That’s a terrific idea. Even more impressive is the public database they maintain with over 300 current agreements from banks all over the U.S. The CFPB is soliciting comments and you can …
If you are concerned about the way credit card companies and other lenders do business, you will be pleased to discover a little known regulation enacted for your protection. Regulation Z, or the Truth in Lending Law, regulates certain credit card practices and helps you know the true cost of credit and achieve a fair …
“Dear Steve, Initially contacted Bank of America to reduce Credit Card APRs, and they closed all my credit card accounts. Was told to call back in 6 months for APR reduction. Promised an APR reduction from 24.99% to 8.99%. Received a letter indicating that although Bank of America agreed to the APR reduction, they are …
A particular little notice looks like it really caught the eye of myself and the brain behind CreditMattersBlog.com. He’s got an article titled “Nordstrom Bank May Not Give You Full Access To Your Available Credit For Up To 21 Days After A Payment Is Credited To Your Account” that is worth a look. Apparently Nordstrom’s …