Comment: Potential Violations of the Credit CARD Act

Published: July 7, 2010

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CRL and consumer coalition express concerns about credit card issuer potential violations of the the Credit CARD Act of 2009. Problems related to penalty rate disclosures, variable rates, payment allocation and pick-a-rate are cited.

Issue:Credit Cards
Agency(-ies): Office of Thrift Supervision (OTS)

CRL and consumer coalition express concerns about credit card issuer potential violations of the the Credit CARD Act of 2009. Problems related to penalty rate disclosures, variable rates, payment allocation and pick-a-rate are cited.