Topic
Credit Card Billing Practices
Credit card billing practices have come under plenty of scrutiny lately by banks, issuers, activists, and legislators. We've collected key coverage of this issue, including news-analysis articles, opinion pieces, and more.
A New Day Dawns for Credit Card Lending
Issuers go from complaining to complying with new law
American Banker | Feb 22Today, after nine months of intense and sometimes-frantic preparation, credit card issuers must be in compliance with most provisions of a law that fundamentally changed some ...
Viewpoint: Latest Card Bill Destructive to Industry, Users
American Banker | Jan 06Rep. Slaughter declared 30% credit card rates "criminal." Her economically malignant and anti-consumer bill would make it so.
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Consumer Fees: The Hits Keep Coming
American Banker | Dec 23Banks are scrambling to find new footing as lawmakers and regulators undermine one of the industry's profit foundations: consumer fees.
GAO Interchange Report Only Adds Fuel to Debate
American Banker | Nov 20A much-anticipated government report on interchange finally appeared Thursday — and hardly seemed worth the wait.
A Gun Amendment May Put Brakes on Card Legislation
American Banker | May 14An unrelated amendment that would let visitors carry guns in national parks is threatening to delay enactment of card reform legislation.
Dodd Deal with Shelby Gives Card Bill a Push
Legislation includes changes sought by the White House
American Banker | May 12A deal announced Monday between Senate Banking Committee Chairman Chris Dodd and Sen. Richard Shelby, the panel's top Republican, is likely to speed passage of a bill ...
Dodd: Card Bill Will Get Vote
American Banker | May 07Senate Banking Committee Chairman Chris Dodd said he could bring a card bill up for a vote in the full Senate as soon as this week — and he may proceed even ...
House OKs Card Bill; Senate Nixes Bankruptcy Measure
American Banker | May 01Bankers received mixed news from Capitol Hill, as the House voted 357 to 70 to approve a sweeping credit card reform bill, while the Senate rejected a measure that would ...
Bill to Curb Card Abuses Clears Key House Panel
American Banker | Apr 23After nearly four hours of fierce partisan bickering, the House Financial Services Committee approved a bill, 48 to 19, on Wednesday to rein in credit card practices.
Obama Asks for Changes to Card Bill
American Banker | Apr 23The Obama administration is seeking a handful of changes to credit card legislation the House plans to take up next week that would toughen consumer protections.