Are you paying new, higher charges on your credit cards?

When the Credit Card consumers’ Bill of Rights goes into effect next month (Feb. 22, 2010), banks will be prohibited from using some of the worst unfair practices they have been subjecting their customers to.

That’s why banks have been working hard to dream up new fees…

Credit Card Consumers’ Bill of Rights goes into effect

The Credit Card Accountability Responsibility and Disclosure Act (CARD) is a credit cardholders’ Bill of Right that prohibits various tricks and traps until now used by the credit card industry — including hidden interest rate hikes and exorbitant fees. [video]