Monday, February 22, 2010

New Credit Card Rules

Do you know how long it will take you to pay off that $200 balance on your credit card?  If not, then rest assured, a new law requires credit card companies to disclose your full financial obligation.  However there are other conditions that have come up as a result of the new legislation that you should be aware of.
* The resurrection of annual fees
* Potential for new fees or increased existing fees
* Raised interest rates
Check out an article from Tampa Bay online to learn more...and when in doubt, ask questions!

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