Local Retailers Get Help With Credit Card Fees

March 31, 2010

Click here to watch video

The Vermont state Senate approved legislation Wednesday that is designed to help retailers get control over soaring transaction fees that are imposed by credit card companies.


Video – 5 Things You Should Know About Credit Cards

March 30, 2010

Understanding how the CARD Act affects you most


By Mark Huffman

March 30, 2010
There are new rules in place for credit card companies and, in the long run, consumers stand to benefit. But it just makes sense that credit card customers need to understand the most important rule changes contained in the CARD Act and what their impact will be. Here then, are the “5 Things You Need to Know About Credit Cards.”

Read more: http://www.consumeraffairs.com/news04/2010/03/video_credit_cards.html#ixzz0jfSN53U4

Credit Card Reform in Action

March 28, 2010

http://www.MarkFiore.com Watch the latest animation on credit card reform. If you love your credit card company, you’ll love this inside look at the credit card reform act that will take effect soon. A Mark Fiore political animation. Credit reform animation: don’t leave home without it.

[via YouTube]

President Obama Signs Major Credit Card Reform Bill

March 28, 2010

It can be difficult to think of an issue that touches more people, or can get a rise out of more people, than credit card fine print, fees, and staggering interest rate hikes. The President signs legislation to put an end to all that. May 22, 2009. (Public Domain)

[via YouTube]

Open for Questions: Credit Card Reform

March 28, 2010

Austan Goolsbee of the President’s Council of Economic Advisers answers questions about credit card reform submitted live and in advance through CreditCards.com


March 28, 2010
I am SO SICK of getting these credit card offers in the mail. Visa, Mastercard, Capital One, Discover, all of them. I know for a fact that 80% of these companies would deny me anyway – my credit is in the toilet.

Make a video response to this and address it to the credit card companies. Tell them that you want them to STOP SENDING YOU OFFERS IN THE MAIL. It wastes a LOT of paper, and we can’t even recycle it because if you dispose of it correctly by shredding it (to avoid identity theft), you can’t recycle it because recycling companies usually don’t accept shredded paper.

Let’s get the power of the YouTube community behind this! Maybe they’ll listen if enough voices are heard!

[via YouTube]

Support an End to Unfair Credit Card Practices

March 28, 2010

Tired of unfair time constraints for consumers to make payments, unfair allocation of payments among balances with different interest rates and unfair balance computation methods?

You can help stop these unfair practices and more by submitting your comments to http://www.yourmoneynowonline.org/com…,com_performs/formid,9/.

The Federal Reserve Board (Board), the Office of Thrift Supervision (OTS), and the National Credit Union Administration will read all comments and make a decision about these rules soon