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Reader Comments (Page 1 of 1)
5-20-2009 @ 7:10AM
Amira said...
Traveling is wonderful! But I from the recent article that I have read on this site there is a particular hotel that is involve in credit card fraud. Well, that was scary! Now that we are in the midst of economic crisis some people are desperate to earn money that they actually do things that are against their moral values and standard and against the law. That’s why we need to be careful especially when it comes on handling our financial matters. More and more people today are relying for financial aids like credit card. As the demand for this industry increase, cases of predatory lending have also become rampant. At last, the CRL takes a stance with what resembles a common sense approach; a call to action regarding something to do with the problem. (Now we have to deal with the horsemen, the rain of fire, and the end of days.) The CRL, or Center for Responsible Lending, has taken aim at credit cards by sponsoring HR 627, or the Credit Card Accountability Responsibility and Disclosure Act of 2009. The Credit CARD Act, as it's called, could ensure more fairness in how card companies deal with customers, and limit things like hidden fees and retroactive interest rate increases. President Obama is on board. The CRL not going after installment loans and targeting an actual predatory lender – it's about time. For more information you can read on this site:
http://personalmoneystore.com/moneyblog/2009/05/13/crl-credit-cards-legislation/.
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