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We’ve all been taunted at the cash register after racking up an unexpectedly large bill, and then a cheery store clerk chirps, “If you apply for a (store XX) credit card, you’ll receive a 15% discount on all your purchases today!”. The temptation to lessen the blow of the spending spree is extremely tantalizing – [...]

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Here is an overview of the new legislation proposed by Congress to reform the way credit card companies do business. We will be updating this information as the bill evolves during the legislative process. This legislation is meant to supplement the credit card reform bill passed last year. The provisions of the previous bill will [...]

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