Default rules to help reduce credit card defaults « Nudge blog

April 30th, 2009

The social and economic problems caused by excessive credit card debt are widely known. Below I’ve outlined two default choices currently used by most credit card companies, and suggest nudges that could help consumers rein in excessive ..

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t r u t h o u t | House Passes Credit Card Bill That Helps Consumers

April 30th, 2009

Washington - Riding a crest of populist anger, the House on Thursday approved a bill to restrict credit card practices and eliminate sudden increases in interest rates and late fees that have entangled millions of consumers.

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House passes credit card crackdown, will freeze some interest …

April 30th, 2009

Interest rates freeze on certain credit card balances.

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Credit-card reform legislation approved by House - MarketWatch

April 30th, 2009

WASHINGTON (MarketWatch) — Credit - card rate increases and practices seen as unfair are one step closer to getting the axe, following a Thursday vote from US House lawmakers to approve consumer-friendly legislation.

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Credit Card Reform @ Best Credit Card Offers - Cash Back, Rewards …

April 30th, 2009

The credit card reform bill is being voted on by the House of Representatives today. The Bill which was written to help protect credit hard holders from unscrupulous credit card practices will probably be passed by both the Houses and ..

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Credit Card Reform @ Best Credit Card Offers - Cash Back, Rewards …

April 30th, 2009

The credit card reform bill is being voted on by the House of Representatives today. The Bill which was written to help protect credit hard holders from unscrupulous credit card practices will probably be passed by both the Houses and ..

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Video - CNBC.com

April 30th, 2009

Credit Card Battle. Previous Video: Exxon Profits Disappoints; Next Video: Health of the Republic …

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Felix Salmon » Blog Archive » How much will Citi's credit card …

April 30th, 2009

As people have read in the newspapers, credit losses are at somewhat of an all-time high, and they go tracking directly with unemployment.

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Credit card legislation nearing success - Kansas City Star

April 30th, 2009

Legislation to rein in credit card practices and eliminate sudden rate hikes and late fees that have entangled millions of American consumers is getting closer to becoming law, bolstered by presidential pressure and the backdrop of …

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Crime & Federalism: American Express Credit Card Scam

April 30th, 2009

I’ve studied credit card scams and abuses in the abstract. I wanted to do an experiment to see how shady credit card company “accounting” really is. My cynical self was astounded.

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