The Credit Card Reform Act would address the most abusive practices used by credit card issuers
Menendez-group-ltr-2009.pdf | 195.1 kB
February 10, 2009
We the undersigned consumer, civil rights and labor organizations write to commend you for introducing the Credit Card Reform Act. As the U.S. economy balances precariously on the brink of recession, this important legislation will protect financially vulnerable families from many harmful practices that credit card companies use to unjustifiably increase fees and interest rates.