U.S. Senators Call for Clear Credit Card Disclosure

Published on:
12 September 2006 at 10:19 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00009260-us-senators-call-for-clear-credit-card-di/

By Kristin Roberts

U.S. senators on Tuesday criticized the credit card industry for unfair practices and for failing to disclose account information to consumers in a clear, understandable way.

“Credit card issuers have become the victims of their own success and are now turning credit cards into nothing less than wallet-sized predatory loans,” said Connecticut Democrat Sen. Christopher Dodd at a Senate Banking Committee hearing.

For this complete story, please visit U.S. Senators Call for Clear Credit Card Disclosure.

U.S. Senators Call for Clear Credit Card Disclosure

Unknown Author

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