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Has the Credit Card Act helped to bring down the costs?

Submitted by on Thu, 10/03/2013 - 05:22
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Has the Credit Card Act helped to bring down the overall cost? Have the consumers really benefitted?


It really depends on the consumer and how they handle their credit lines and repayment....no act is going to change people's behavior.


Submitted by SOAPLADY on Thu, 10/03/2013 - 15:21

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Credit Card Act has helped a lot of consumers in the last few years. For instance: the interest rate part. At least, the credit card companies are required to send a notice in advance before increasing the interest rate.


Submitted by ditchdebt on Mon, 10/28/2013 - 21:16

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