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Worst Cities for Credit Card Debt

https://abcnews.go.com/Business/story?id=7727426&page=1 Miamians Owe More to Credit Card Companies Than Anyone in U.S. By LAUREN SHERMANForbes.comJune 2, 2009— Gone are the days when Americans didn’t think twice about splurging on a second pair of Italian-made leather brogues, a flat-screen TV for the bathroom or a new made-to-measure suit for the office. A new bill passed by […]

The Credit CARD Act of 2009 becomes Law

The President signed into law H.R. 627 (“The Credit CARD Act of 2009”) as Public Law 111-024. The law provides, in part: “Section 201(1) IN GENERAL.-Not later than 6 months after the date of enactment of this Act, the Board shall issue guidelines, by rule, in consultation with the Secretary of the Treasury, for the […]

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