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Consumer Affairs: Know Your New Credit Card Rights

Monday, August 30, 2010 at 9:00 am
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Last week the last provisions of what's known as the Credit Card Bill of Rights took effect in Ohio and across America. It puts an end to credit card companies imposing unexpected interest rate hikes, ridiculous late penalties and hidden fees. And the reforms don't stop there. The law Congress passed last year also tackles gift card practices that have hurt consumers. A lot of the new transparency though is still written in fine print and some companies took some preemptive strikes, jacking up interest rates just before the new rules took effect. Plain Dealer consumer columnist Sheryl Harris will walk you through it, along with an industry guest and Host, Mike McIntyre, Monday at 9AM on The Sound of Ideas.


Sheryl Harris, Consumer Columnist, The Plain Dealer
Nick Bourke, Director of the Safe Credit Cards Project, Pew Charitable Trusts
Nessa Feddis, Vice President and Senior Counsel, American Bankers Association

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