Credit card rules due soon will add to consumer protections

tag:blogger.com,1999:blog-11017702.post-20929437241016080802008-12-07T00:00:00.000Z2008-12-09T14:48:39.530ZCredit card rules due soon will add to consumer protections

Cash-strapped consumers can expect a special delivery this holiday season: sweeping new rules on credit cards.Federal regulators will unveil final rules within the next several weeks to restrict credit-card practices seen as unfair or deceptive. Proposals would prohibit institutions from practices such as: increasing rates on an outstanding balance, except under limited circumstances; applying

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