A landmark credit-card law has made billions of dollars in charges more transparent for consumers, which should help lower costs over the long-term, according to a new report released Wednesday.
The report, by nonprofit research group Center for Responsible Lending, examines the impact of new federal credit-card rules on consumers one year after many of the new rules mandated by the Credit Card Accountability Responsibility and Disclosure Act of 2009 have been put in place.
The spotlight on the credit-card rules also comes as the new Consumer Financial Protection Bureau is planning to evaluate the impacts ...
"More government and bigger government! More regulation! We believe in a 'buyer beware' business model where it's ONLY the consumer that is responsible for digging out the facts." says Mr. Pro-Business Republican.
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