Date: Fri, 19. March 2010 15:26:47

pAs you've probably heard, Monday was the first day under the new credit card rules outlined by the CARD Act. These rules have a far-reaching impact that will affect almost every consumer. Some of the biggest changes have to do with over limit fees and interest rate increases. These were two methods that credit card companies used to generate billions in revenue each year./p pHave you ever wondered why there's a credit limit on your card if you're able to still make a purchase that puts you over the limit? For the most part, it was so credit card companies could stick you with a $35 or higher over the limit fee. Granted, you shouldn't go over your limit anyway since that can severely impact your a title=credit score href=http://financialplan.about.com/od/creditdebtmanagement/a/FICO-Credit-Score.htmcredit score/a, but the fact that they allowed you to go over your limit and then charge you a fee to do so was a sore spot for many people. Now, that has all changed. The ability to spend above and beyond your credit limit is now an opt-in feature, so if you want to be able to charge more than your limit (which I don't recommend) you have to call your card company and request it./p pNot only was the over the limit fee a costly mistake for people, but the dirty trick of raising interest rates without warning and even applying it to your existing balance was even worse. Instead of just costing you a one-time fee for maybe $35 the increased interest could literally cost you hundreds or thousands of dollars. Thankfully, this is another rule that has changed to benefit consumers. Now credit card companies cannot raise the rate on existing balances. So, if you have a $2,000 balance that you acquired while your interest rate was 12% and your card company wants to increase your interest rate to 25% that new rate will only apply to new purchases, not your existing $2,000 balance./p pFor details on the rest of the changes and how they will affect you be sure to a href=http://clk.about.com/?zi=1/1hc#038;zu=http://credit.about.com/od/consumercreditlaws/ss/Credit-CARD-Accountability-Responsibility-Disclosure-Act-2009.htmcheck out the detailed guide outlining the CARD Act/a./pp style="background:#f5f3ef;border:1px solid #d5d0bf;clear:both;padding:.5em;"a href="http://clk.about.com/?zi=1/1hc#038;zu=http://financialplan.about.com/b/2010/02/23/new-credit-card-rules-take-effect-this-week.htm"New Credit Card Rules Take Effect This Week/a originally appeared on a href="http://clk.about.com/?zi=1/1hc#038;zu=http://financialplan.about.com/"About.com Financial Planning/a on Tuesday, February 23rd, 2010 at 11:51:47./ppa href="http://clk.about.com/?zi=1/1hc#038;zu=http://financialplan.about.com/b/2010/02/23/new-credit-card-rules-take-effect-this-week.htm"Permalink/a | a href="http://clk.about.com/?zi=1/1hc#038;zu=http://financialplan.about.com/b/2010/02/23/new-credit-card-rules-take-effect-this-week.htm#gB3"Comment/a | a href="http://financialplan.about.com/gi/pages/shareurl.htm?PG=http://financialplan.about.com/b/2010/02/23/new-credit-card-rules-take-effect-this-week.htm#038;zItl=New Credit Card Rules Take Effect This Week"Email this/a/p

Date: Thu, 16. April 2009 04:45:53

Business Credit Card Source, in answer to the tightening of credit markets worldwide, unveiled www.businesscreditcardsource.com, a site which offers comprehensive, unbiased news and information on every business credit card available online, simplifying the search for business credit for entrepreneurs and small business owners. Unlike other credit card sites which adopt a one-size-fits-all approach by featuring a variety of consumer cards and only some business credit cards, businesscreditcardsource.com focuses solely on credit card offers relevant to small businesses. The site also provides small business focused articles, tips, FAQs, links to breaking news stories and a blog to help users make informed decisions about their business credit and to help them stay abreast of the current and ever changing situation in the credit markets. (PRWEB Apr 14, 2009) Read the full story at http://www.emediawire.com/releases/applyonline/businesscreditcards/prweb2312834.htm

Date: Fri, 4. September 2009 14:28:02

Driven by a significant decrease in satisfaction with fees and rates, overall credit card customer satisfaction has declined to a three-year low, according to the J.D. Power and Associates 2009 Credit Card Satisfaction Study released today.

Date: Mon, 7. July 2008 15:13:31

All American Rally to Stop Skyrocketing Credit Card Fees on Gasoline is scheduled for July 3rd at 7:30 am in Irvine, CA to ask Congress to support the Credit Card Fair Fee Act. (PRWEB Jun 30, 2008) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/SW5zZS1FbXB0LUxvdmUtUGlnZy1FbXB0LVNpbmctWmVybw==

Date: Mon, 23. August 2010 05:43:39

As 0% card deals disappear from the marketplace, one card provider continues to deliver what others won?t.(PRWeb August 18, 2010)Read the full story at http://www.prweb.com/releases/MBNA-Ireland/Platinum-Credit-Card/prweb4396174.htm

Date: Sun, 11. January 2009 15:41:59

put name card or credit card or other card in it ,as well as promote your business,you can take away at any time.

Date: Sat, 21. February 2009 01:39:08

AP - The family of an 86-year-old woman who was billed for over $1,000 in phone sex calls suspects identify theft. Arlene Hald recently received a credit card bill addressed to her husband, Sylvester, who died nearly 20 years ago. Hald said they never had a credit card, yet an account in his name was charged.

Date: Thu, 13. January 2011 08:34:29

Inner Fence is now shipping Credit Card Terminal for Mac exclusively on the Mac App Store and will no longer distribute it directly to customers.(PRWeb January 10, 2011)Read the full story at http://www.prweb.com/releases/credit-card-terminal-mac/app-store-reader/prweb4956254.htm

Date: Thu, 10. July 2008 08:47:17

_Debit cards or Credit Cards? The other day I got yet another offer for a credit card and once again i declined, you see I am a Debit Card girl and though its always appealing for any woman to be able to spend and spend on very important things like shoes

Date: Tue, 8. February 2011 13:02:12

Life Inc.: Sure credit card companies treat you rough, but there are great perks to cash in if you know about them.