DISAPPOINTED: Calls to member agencies of the National Foundation for Credit Counseling have fallen in recent years, despite the CARD Act requirement that monthly statements list a number for a counselor. "I did expect that more consumers would use that number," says the foundation's Gail Cunningham.

CARD Act Disclosures May Have Little Sway Over Consumers

Some of the disclosure requirements in the landmark credit card reform law have made scant difference in nudging consumers to make more prudent financial decisions, a new study suggests.

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