Read more credit card reform stories on Newserhttp://www.newser.com/taggrid/40510/credit-card-reform.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 13:55:56 CSThttp://www.newser.com/story/73481/credit-cards-rates-jump-ahead-of-new-regulations.html?utm_source=syn&utm_medium=rss&utm_campaign=tagIf your credit card bill just exploded, it wasn’t an accident. Card issuers have been jacking up rates to historic highs—in excess of 30%—cutting limits, and adding new fees in an effort to squeeze money out of customers before new federal regulations kick in Feb. 22. The new...http://www.newser.com/story/73481/credit-cards-rates-jump-ahead-of-new-regulations.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 06 Nov 2009 13:57:09 CSThttp://www.newser.com/story/63261/citi-jacks-up-card-rates-on-millions-of-accounts.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAs many Citigroup customers are already painfully aware, the lender has drastically increased rates on some 15 million credit card accounts, the Financial Times reports. Holders of Citi cards co-branded with retailers such as Sears saw their interest rates climb by as much as 24%—or 3 percentage points—between...http://www.newser.com/story/63261/citi-jacks-up-card-rates-on-millions-of-accounts.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 01 Jul 2009 6:28:12 CDThttp://www.newser.com/story/59888/obama-signs-credit-card-bill-into-law.html?utm_source=syn&utm_medium=rss&utm_campaign=tagPresident Obama signed a landmark bill into law today limiting the fees and interest rates credit card companies can impose, the Washington Post reports. "Just as we demand credit card users act responsibly, we demand that credit card companies act responsibly too," said Obama at the Rose Garden signing, joined...http://www.newser.com/story/59888/obama-signs-credit-card-bill-into-law.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 22 May 2009 19:12:38 CDThttp://www.newser.com/story/59867/new-credit-card-rules-could-trim-10b-from-industry-coffers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA law President Obama is expected to sign today bringing new consumer-friendly rules on credit cards could cost the industry $10 billion in revenue, the Wall Street Journal reports. The legislation, which dials back various fees and interest rates, will devastate companies that target consumers with checkered credit histories and...http://www.newser.com/story/59867/new-credit-card-rules-could-trim-10b-from-industry-coffers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 22 May 2009 13:53:59 CDThttp://www.newser.com/story/59623/house-oks-credit-card-bill-obama-up-next.html?utm_source=syn&utm_medium=rss&utm_campaign=tagCongress has sent President Obama a bill with sweeping new rules for the credit-card industry that will affect just about every American. The House approved the measure this afternoon, 361-64. The Senate OK'd it yesterday, 90-5. The new restrictions will protect debt-ridden consumers from many of the surprise charges common...http://www.newser.com/story/59623/house-oks-credit-card-bill-obama-up-next.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 20 May 2009 13:49:10 CDThttp://www.newser.com/story/59495/senate-passes-credit-card-bill.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Senate voted today to prohibit credit-card companies from arbitrarily raising an individual's interest rate and charging many of the exorbitant fees. The vote was 90-5. With the House on track to endorse the measure by week's end, President Obama could see a bill on his desk by the end...http://www.newser.com/story/59495/senate-passes-credit-card-bill.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 19 May 2009 12:54:09 CDThttp://www.newser.com/story/59431/credit-card-companies-cut-perks-for-good-customers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWith revenues from high-risk cardholders dwindling, credit card companies are moving to impose stiffer fees on customers who've been accustomed to preferential treatment, the New York Times reports. Expect banks to bring back annual fees and slash reward programs, say industry insiders. And card holders who pay off their entire...http://www.newser.com/story/59431/credit-card-companies-cut-perks-for-good-customers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 19 May 2009 6:34:45 CDThttp://www.newser.com/story/59009/pelosis-cia-charges-hardly-jibe-with-obama-talk-points.html?utm_source=syn&utm_medium=rss&utm_campaign=tagNancy Pelosi’s accusation that the CIA lied to Congress about waterboarding will likely have broad political consequences, Chris Cillizza writes in the Washington Post . In the short term, Pelosi has stolen President Obama’s thunder on credit-card reform and could force the early announcement of a Supreme Court nominee as a...http://www.newser.com/story/59009/pelosis-cia-charges-hardly-jibe-with-obama-talk-points.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 14 May 2009 14:44:01 CDT