Friday, May 18, 2012

New Credit Card Protections Approved By Fed Reserve

December 19, 2008 by  
Filed under money

NEW YORK (CNNMoney.com) — Cash-strapped consumers got some welcome news on Thursday when regulators voted to rein in controversial credit card practices. But they’ll have to wait another year and a half to get relief – the new rules won’t take effect until July 1, 2010.

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