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Feb 09, 2010 [02:56 PM]

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Credit Cardholders Bill of Rights: Financial Justice and the Temple of Doom

by reblogger
Wednesday Jul 30, 2008
This is Reblogged from DMI Blog

Watching Carolyn Maloney and consumer advocates shepherd the Credit Cardholders Bill of Rights Act of 2008 – introduced by Maloney to "level the playing field" between credit card consumers and card companies – will be like watching Indiana Jones trying to make it out of a temple of doom alive. Running at full tilt, holding one of the most important pieces of consumer protection since the Truth in Lending Act became law, supporters of HR 5244 will have to travel a dark and perilous gauntlet riddled with every boulder of death, fiery trap and legislative assassin that the credit card lobby can drop in their path.


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