CARD Act Helped Consumers Without Limiting Credit Access

CARD Act Helped Consumers Without Limiting Credit Access

Regulations aiming to make credit cards more consumer-friendly have been effective, researchers found. Fee restrictions enacted by the CARD Act of 2009 have saved U.S. credit cardholders $20.8 billion a year, according to a study released in October. Not only have borrowing costs come down for the average American, but …read more

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