Washington - May 22, 2009. President Obama signed the Credit Card Accountability, Responsibility, and Disclosure (CARD) marking a turning point for American consumers and ending the days of unfair rate hikes and hidden fees. Americans need a healthy flow of credit in our economy, but for too long credit card contracts and practices have been unfairly and deceptively complicated, often leading consumers to pay more than they reasonably expect. Every year, Americans pay around $15 billion in penalty fees. Nearly 80 percent of American families have a credit card, and 44 percent of families carry a balance on credit cards. If you need relief, apply below. Be debt free today!
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