Starting today, credit card companies in most cases can't charge more than $25 for late payments. New rules could also mean lower interest rates for consumers.
Stories Related to New Credit Card Rules Good News For Consumers
CNN.com, CNN
Sun, 08/22/2010 - 6:33am
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BING NEWS:
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11/24/2024 - 4:24 pm | View Link - This Week In Credit Card News: Could We See A 10% Cap On Credit Card Interest Rates?
The incoming top Democrat on the Senate Banking Committee threw her support behind a 10% cap on credit card interest rates. Sen. Elizabeth Warren (D-Mass.) told reporters she saw an opportunity to ...
11/21/2024 - 6:59 am | View Link - With No Hard Credit Check, Is New Arro Credit Card a Bull's-Eye?
Though it has low credit limits, this rewards card lets those new to credit rack up cash back on everyday purchases and doesn't require a hard credit pull.
11/20/2024 - 4:02 am | View Link - Credit expert with over 20 years experience: ‘Nothing good' comes from maxing out your card
On-time credit card payments boost your score but your credit utilization rate is also an important factor. How to maintain it, according to John Ulzheimer.
11/20/2024 - 1:00 am | View Link - What happens if you miss a credit card payment?
Missing credit card payments will add to your debt balance and over time can damage your credit. Late fees and interest grow the longer you wait to pay your credit card statement. If you forgot to pay ...
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