Media Coverage
Media Coverage
| Date | Media Coverage | Topic |
|---|---|---|
| Jul 28, 2011 |
''Tight Times Boost Business Credit Cards'' ''More small companies—already struggling with weak sales and tight lending—are being forced to rely on business credit cards to provide working capital.'' Source: The Wall Street Journal |
|
| Jul 22, 2011 |
''Consumers Hold High Hopes for New Bureau'' ''If you've ever thought someone was playing fast and lose with the rules on your credit cards, credit score or mortgage, but you had no idea where to go with your complaint, you now have a place to turn.'' Source: The Chicago Tribune |
|
| Jun 14, 2011 |
''Senators Seek More Disclosure For Business Credit Cards'' "Four Senators today called for more disclosure on business credit card offers so cardholders will understand that business cards are not protected by the same laws as regular consumer cards that bar practices like retroactive interest rate hikes." Source: Bloomberg Businessweek |
|
| Jun 3, 2011 |
''Business Credit Cards Provide Few Safeguards'' ''Households receiving offers for 'business' credit cards would be wise to throw them away, a nonprofit research group is warning consumers.'' Source: Pittsburgh Post-Gazette |
|
| Jun 1, 2011 |
''Credit CARD Act Turns Two: Are Consumers Better Off?'' "It’s been two years since the landmark Credit Card Accountability Responsibility and Disclosure Act of 2009 was signed into law, and by all accounts, it’s led to some pretty significant changes in the giant industry grinding away behind those little pieces of plastic." Source: Time |
|
| May 19, 2011 |
''Should You Sign Up for a 'Professional' Card?'' "Credit-card issuers are marketing so-called professional cards—formerly reserved for small-business owners or executives—to individuals, a new report says." Source: The Wall Street Journal |
|
| May 18, 2011 |
''Consumers must watch for unregulated credit cards'' "The sudden interest-rate hikes, high fees and steep penalties that last year's credit card regulations were designed to eliminate are still lurking in one segment of the credit card market: cards designated for businesses." Source: WTOP 103.5 FM |
|
| May 18, 2011 |
''Study: 'Business' credit cards put consumers at risk'' "From January 2006 to December 2010, American households received more than 2.6 billion offers for so-called "business" credit cards, according to a new report from the Pew Safe Credit Cards Project." Source: The Philadelphia Inquirer |
|
| May 18, 2011 |
''Extending Credit Card Protections to Small Business Users'' "Each month, Americans get more than 10 million business credit card pitches in their home mailboxes. The cards are aimed at small businesses and sole proprietors, but they generally lack the new protections that apply to consumer cards, a new report from the Pew Charitable Trusts says." Source: The New York Times |
|
| May 17, 2011 |
''Study: 2 Years After Credit Card Reforms, Rates, Fees More Stable'' "Credit card interest rates have held steady, penalties are less costly for consumers and annual fees and other charges have changed little over the past year, according to a study released Tuesday by the Pew Safe Credit Cards Project." Source: FoxBusiness.com |
|
| May 11, 2011 |
''Study Finds Positive Results from Credit Card Law'' "Banks and some pundits had predicted that credit card users would face skyrocketing interest rates, a spike in annual fees and a plethora of other negatives after stringent new rules on cards kicked in last year." Source: The Associated Press |
|
| Jan 31, 2011 |
''Environmental Groups Get In Some Target Practice'' "The otherwise-routine reauthorization of the Consumer Product Safety Commission this year demonstrated the environmental movement's growing clout over the chemical industry. The new law, advocates say, reverses long-standing practice because it requires the chemical industry to prove the safety of some products before they reach the public." Source: National Journal |
|
| Jan 31, 2011 |
''Toxic Suspicions Could Fuel Regulatory Overhaul'' "Environmentalists want to ban BPA -- and also shift the burden of proof for all chemicals." Source: National Journal |
|
| Aug 24, 2010 |
"A new study from the Pew Health Group shows a growing number of low income and minority families are using alternative financial services instead of the traditional banking system." Source: National Public Radio |
|
| Aug 23, 2010 |
''Last phase of credit card reform law in place, taking aim at penalty fees'' "The sweeping reform of the credit card industry was finally completed Sunday as the last pieces of the landmark federal law designed to stop unfair or deceptive practices took effect." Source: The Washington Post |
