Designed to empower readers to advocate for themselves and others, this wide-ranging encyclopedia reveals a surprising range of resources and options that consumers have at their disposal.Penalty fees: A credit card company cannot charge a late fee of more than $25. Company is allowed to ... Over-the-limit fees may only be assessed if the consumer opts-in to allow transactions that take them over their credit limit. ac Rate increases: The rate for the first 12 months after an account has been opened cannot be changed. ... The Credit CARD Act is an important piece of legislation to protect consumers against unscrupulous practices perpetuated by the credit card industry.
|Publisher||:||ABC-CLIO - 2013-11-26|