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Posts Tagged ‘Credit Cards’

California’s New Fair Debt Buying Practices Act

California’s Fair Debt Buying Practices Act is now effective, as of January 1, 2014. It applies to any consumer debt sold or resold on or after January 1, 2014. The Fair Debt Buying Practices Act restricts the written statements debt buyers can make to consumers in attempting to collect a debt, and prohibits a debt…

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Chase Allegedly Fired Exec After Complaints

The article begins: “A former assistant vice president for JPMorgan Chase Bank in San Antonio claims in a lawsuit she was fired after she told her bosses the bank had misrepresented the value of thousands of delinquent credit card accounts slated to be sold.” Read more by clicking here. I will reserve comment since my…

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Don’t Bank On The New Credit Card Regulations

A good editorial appeared in last week’s NY Times about the new credit card regulations. Sad to see the Federal Reserve not stepping up to help consumers, again. I wish I could tell you to talk to your local congressperson. Click here to go to the article.

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