Safe Credit Card Project Regulatory Comment:
Regulation AA, “Unfair and Deceptive Acts and Practices”

Oct 3, 2008
Safe Credit Cards Project
Contact: Nicolle Grayson, Tel: work202-540-6347

PDF Download

In October 2008, the Pew Safe Credit Cards Project shared comments (PDF) based on its recent work on credit cards with the Federal Reserve. Select findings from the project—including information on credit card penalty re-pricing and analysis of credit cards in the market—were included.

Date added:: Oct 3, 2008

Contact:: Nicolle Grayson, Tel: work202-540-6347
Project:: Safe Credit Cards Project

Related Resources

''Business Credit Cards can be Rewarding but Risky''

Media Coverage

May 15, 2012
Safe Credit Cards Project

"Direct mail offers are flowing for business credit cards, many with attractive promotional interest rates and balance transfer deals...while there are many reasons to open an account, there can be substantial risks involved."

Focus Group Findings on Prepaid Debit Cards

Issue Brief

Apr 11, 2012

This fact sheet focuses on the lessons learned from consumers who purchase and use prepaid debit cards.

''Bank Fees Are a Credit Union's Best Friend''

Media Coverage

Nov 4, 2011
Safe Banking Opportunities Project

"Something is wrong when keeping cash in the kitchen cookie jar seems a reasonable substitute for your bank.''

''Consumer 10.0: How the Pew Trusts aided credit card reform''

Media Coverage

Nov 3, 2011
Safe Credit Cards Project

"It was early 2007, and Michael Roster and Dwane Krumme each viewed the credit card industry with growing dismay."

''Tight Times Boost Business Credit Cards''

Media Coverage

Jul 28, 2011
Safe Credit Cards Project

''More small companies—already struggling with weak sales and tight lending—are being forced to rely on business credit cards to provide working capital.''