Archive for May, 2009
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OTTAWA (NEWS1130) - Ottawa is setting new rules when it comes to paying with plastic. Canadas Finance Minister Jim Flaherty has proposed new regulations in regards to credit card companies aimed at protecting the consumer. The Canadian measures mean …
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Government to challenge credit card interest rates - 680 News
Toronto - On the heels of changes to credit cards passed in the United States onWednesday night, Ottawa is introducing new credit card regulations. The new rules will attempt to shrink the credit card bills of Canadians by simplifying monthly bills …
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Lawmakers on Capitol Hill have sent President Obama a bill that would rein in credit card fees and interest rates, while allowing gun owners to carry concealed weapons in national parks. The Senate passed the measure on Tuesday. The House acted on Wednesday.
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Canada proposes credit card holder protections (AP via Yahoo! News)
Canada proposed new regulations aimed at protecting credit card users on Thursday, a day after the U.S. Congress approved legislation that would make sweeping changes to the credit card industry.
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RIO RANCHO, N.M., May 14 — President Obama on Thursday declared that ”enough’s enough” when it comes to high credit card fees and sudden interest rate hikes and called on Congress to immediately protect consumers from abusive practices by credit card com… (source: Washington Post)
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