{"id":1841,"date":"2008-12-27T18:18:43","date_gmt":"2008-12-27T18:18:43","guid":{"rendered":"http:\/\/localhost:8888\/wordpress\/credit_card_rules_protect_cons\/"},"modified":"2024-12-17T16:03:14","modified_gmt":"2024-12-17T21:03:14","slug":"credit-card-rules-protect-cons","status":"publish","type":"post","link":"https:\/\/www.finchmccranie.com\/blog\/credit-card-rules-protect-cons\/","title":{"rendered":"Credit Card Rules Protect Consumers"},"content":{"rendered":"<p>Consumers have received long overdue protections from abusive practices by credit card issuers . In enacting the  most sweeping changes to credit cards in decades, federal regulators on Thursday approved new rules to crack down on unfair and deceptive practices by card issuers.<\/p>\n<p>The rules were issued by the Office of Thrift Supervision and approved later Thursday by the Federal Reserve and the National Credit Union Administration.<\/p>\n<p>The rules, which take effect in July 2010, will let credit card companies raise interest rates only on new credit cards and future purchases or advances, rather than on current balances as is the practice currently. They also restrict other unfair lender practices such as allocating all payments to balances with lower interest rates when a borrower has balances with different rates.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.finchmccranie.com\/blog\/credit-card-rules-protect-cons\/\"  title=\"Continue Reading Credit Card Rules Protect Consumers\" class=\"more-link\">Continue reading<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Consumers have received long overdue protections from abusive practices by credit card issuers . In enacting the most sweeping changes to credit cards in decades, federal regulators on Thursday approved new rules to crack down on unfair and deceptive practices by card issuers. The rules were issued by the Office of Thrift Supervision and approved [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[44],"class_list":["post-1841","post","type-post","status-publish","format-standard","hentry","category-personal-injury-wrongful-death","tag-personal-injury"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Credit Card Rules Protect Consumers &#8212; Trial Attorney Blog &#8212; December 27, 2008<\/title>\n<meta name=\"description\" content=\"Consumers have received long overdue protections from abusive practices by credit card issuers . In enacting the most sweeping changes to credit cards in &#8212; December 27, 2008\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.finchmccranie.com\/blog\/credit-card-rules-protect-cons\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Credit Card Rules Protect Consumers &#8212; Trial Attorney Blog &#8212; December 27, 2008\" \/>\n<meta name=\"twitter:description\" content=\"Consumers have received long overdue protections from abusive practices by credit card issuers . In enacting the most sweeping changes to credit cards in &#8212; December 27, 2008\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Finch McCranie, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Credit Card Rules Protect Consumers &#8212; Trial Attorney Blog &#8212; December 27, 2008","description":"Consumers have received long overdue protections from abusive practices by credit card issuers . In enacting the most sweeping changes to credit cards in &#8212; December 27, 2008","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.finchmccranie.com\/blog\/credit-card-rules-protect-cons\/","twitter_card":"summary_large_image","twitter_title":"Credit Card Rules Protect Consumers &#8212; Trial Attorney Blog &#8212; December 27, 2008","twitter_description":"Consumers have received long overdue protections from abusive practices by credit card issuers . In enacting the most sweeping changes to credit cards in &#8212; December 27, 2008","twitter_misc":{"Written by":"Finch McCranie, LLP","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.finchmccranie.com\/blog\/credit-card-rules-protect-cons\/","url":"https:\/\/www.finchmccranie.com\/blog\/credit-card-rules-protect-cons\/","name":"Credit Card Rules Protect Consumers &#8212; Trial Attorney Blog &#8212; December 27, 2008","isPartOf":{"@id":"https:\/\/www.finchmccranie.com\/blog\/#website"},"datePublished":"2008-12-27T18:18:43+00:00","dateModified":"2024-12-17T21:03:14+00:00","author":{"@id":"https:\/\/www.finchmccranie.com\/blog\/#\/schema\/person\/4c607d19a3fdb947c462210c077ff4a4"},"description":"Consumers have received long overdue protections from abusive practices by credit card issuers . 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