Resources Archive

Comments Regarding Regulation Z Provisions Implementing the Credit Card Accountability, Responsibility and Disclosures Act of 2009

November 20, 2009

Comments of the National Consumer Law Center (on behalf of its low-income clients), the Center for Responsible Lending, Consumer Action, Consumers Union, Dēmos: A Network for Ideas & Action,National Association of Consumer Advocates, Sargent Shriver National Center on Poverty Law, and U.S. Public Interest Research Group addressing the Federal Reserve Board’s October 21, 2009 Notice…

Fee-Harvesters: Low-Credit, High-Cost Cards Bleed Consumers

November 1, 2007

Millions of consumers are being victimized by “credit” card offers that charge hundreds of dollars in fees and extend minimal available credit – sometimes as little as $50. These cards, which we call “feeharvester” cards, share a common thread: high fees that eat up most of an already low credit limit, leaving the consumer with…

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Comments Regarding Regulation Z Provisions Implementing the Credit Card Accountability, Responsibility and Disclosures Act of 2009

Fee-Harvesters: Low-Credit, High-Cost Cards Bleed Consumers

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