http://ecreditdaily.com/2010/02/credit-card-reform-good-riddance-retroactive-rate-hikes/ Wed, 08 Feb 2012 08:45:41 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://ecreditdaily.com/2010/02/credit-card-reform-good-riddance-retroactive-rate-hikes/comment-page-1/#comment-1240 Susan S. Tue, 09 Mar 2010 15:56:37 +0000 http://ecreditdaily.com/?p=1924#comment-1240 How convenient that the laws took effect on February 22nd. Yesterday 3/8/10 I get home from work and found a letter in my mailbox from Chase informing me that effective 2/21/10 my variable and non-variable APRs are going to be changing. Now doesn’t this go against the laws that were just made? Wasn’t I supposed to get 45-day notice? Why is it they are mailing this to me after the fact? Is there anything I can do about this? How convenient that the laws took effect on February 22nd. Yesterday 3/8/10 I get home from work and found a letter in my mailbox from Chase informing me that effective 2/21/10 my variable and non-variable APRs are going to be changing. Now doesn’t this go against the laws that were just made? Wasn’t I supposed to get 45-day notice? Why is it they are mailing this to me after the fact? Is there anything I can do about this?

]]> http://ecreditdaily.com/2010/02/credit-card-reform-good-riddance-retroactive-rate-hikes/comment-page-1/#comment-1004 CARD Act Part 2: Key Credit Card Reform Takes Effect | Top Legal News Wed, 24 Feb 2010 13:29:45 +0000 http://ecreditdaily.com/?p=1924#comment-1004 [...] rates: Credit card companies can no longer raise rates on existing credit card balances, with certain important exceptions. Furthermore, if you open a new account, the credit card company can’t raise the rate for 12 [...] [...] rates: Credit card companies can no longer raise rates on existing credit card balances, with certain important exceptions. Furthermore, if you open a new account, the credit card company can’t raise the rate for 12 [...]

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