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Senate Dems Plan a Crackdown on Credit Card Practices
From the Consumer Law & Policy Blog (now blogrolled to the right here at the SC B&C Law Blog): a permitted reprint of CQ Today’s article on Senator Carl Levin’s plans to address aggressive credit card company policies.
Excerpt:
Levin took aim at what he described as unfair and confusing practices by credit card issuers, practices he said are used to reap “extraordinary” profits. And he said these fees, interest rate and disclosure practices take advantage of low- and middle-class American families.
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