What is the Credit Card Act? How Will This Affect My Credit Cards? Take Charge America
Credit Card Law Changes- Mike Sullivan, Director of Education at Take Charge America, discusses credit cards and how the law are changing with the “Credit Card Act”. These changes mean there will be no more sudden interest rate changes, no more double cycle billing, and no more universal default. To find out what that means and more, watch this informational video.
Tags: America, Card, Take, affect, This
Related posts:
- Man used stolen credit cards, police charge
- Q&A: What credit card is higher a Band of America Platinum Plus or a Bank of America Signature Credit Card?
- Taking Charge in Today’s Economy - Secrets of Credit Card Processing Revealed
- I have several paid up credit cards I want to close out, how will this affect my credit score?
- Bank of America Credit Cards For Illegal Aliens
@gredangeo you got that right bro ….trust us the broke people of america …you do not want to deal with credit fees unless you really need the credit (hospital bills or study) save some money and get the stuff you need you’ll be way happier
banks getting 25 % on credit cards and giving .25% on savings
I was about to get a credit card, but then they told me I had a student loan. So I then I paid that off the following month. At that point I didn’t want one. I only wanted one for some online stuff, but it’s not necessary. Prepaids are the way to go.
Credit cards are actually pointless. You’re only supposed to spend money you have. :) As for emergencies…learn to save.
Many lending institutions will issue a credit card to a minor as an authorized user on a parents account. If your bank wont do this, get a stored value card. That is even safer!
Good Luck!
I am 16 years old and wanted to know if I could receive a credit card as an authorized user under my parents name?
great video citi went up 20 bucks a month on interest alone we are paying them off and we only have 3 more and we will never do this again we have worked so hard we have paid off 12 so far thanks for this video
defendent is correct. It’s “legal” usury theft, condoned and abetted by the government, for the elitist banking cartel to keep you indebted.
I’m old enought to remember that the first card was for eating out, Diners Club. Now, in two or so generations, it’s morphed into this cancer we now see, affecting almost everyone, with literally hundreds of cards to keep you in chains.
Thanks for the great feedback!
That was one of the best presentations I have seen in a long time. Excellent graphics on the PowerPoint, if that is what was used. Thank you Mr. Sullivan for the great video/information.
Nobody Needs Credit cards, they bring nothing but misery