8 Ways Credit Card Holders Bill Of Rights Will Benefit You

Congresswoman Carolyn Maloney Tells Credit Card Issuer's to Cut The Baloney

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In the video above, MSNBC's Ed Shults gives a very satisfying interview with Representative Carolyn Maloney. Ms. Maloney SUCCESSFULLY got the Credit Card Holders Bill of Rights Passed, on your behalf.

What's Does The Credit Card Holders Bill of Rights Do (for You)?

"H.R. 5244, the “Credit Cardholders’ Bill of Rights,” provides crucial protections against unfair, but unfortunately common, credit card practices."

1. Ends Unfair, Arbitrary Interest Rate Increases.
   
   
2. Lets Consumers Set Hard Credit Limits, Stops Excessive “Over-the-Limit” Fees.
   
   
3. Ends Unfair Penalties for Cardholders Who Pay on Time.
   
   
4. Requires Fair Allocation of Consumer Payments.
   
   
5. Protects Cardholders from Due Date Gimmicks.
   
   
6. Prevents Companies from Using Misleading Terms and Damaging Consumers’ Credit
   Ratings.
   
   
7. Protects Vulnerable Consumers From High-Fee Subprime Credit Cards.
   
   
8. Bars Issuing Credit Cards to Vulnerable Minors

~ Source: Congresswoman Carolyn Maloney

Ms. Maloney is a brave and caring soul. She is staking a lot on the hopes that with her help, you and I and all Americans, will raise our voices in support of her efforts.

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