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Watch, Engage, Discuss - Monday at 2:00: Credit Card Reform Kicks In
Posted by Jesse Lee on February 19, 2010 at 02:58 PM EST
This Monday your relationship with your credit card is going to change a bit, as the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009 goes into full effect. The law bans unfair rate increases, prevents unfair fee traps, requires plain language in plain sight for disclosures, increases accountability all around, and institutes protections for students and young people just for starters.
But of course any time a relationship changes, it's natural to have questions about it. So we invite you to join us for a live video chat with Austan Goolsbee of the Council of Economic Advisers on Monday at 2:00PM EST. We'll be going through CreditCards.com to take questions live on video, and you can even get a head start submitting your questions over there now.