Get Up To Speed On What The CARD Act Will Do To Credit Cards

(frankieleon)

In just a little over a week, the CARD Act will go into effect, and a new set of rules will apply to credit card issuers. Here’s a great summary of what will change and what won’t, so you’ll know what to expect. For instance, did you know that cards issued to business entities rather than individuals are exempt?

“Credit CARD Act Guide Part 2: Understanding Rate, Fee, and Clarity Changes” [CardRatings.com]

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