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Tuesday, January 11, 2011
"Cashing In: New Credit & Debit Card Laws and You", HOUSTON 8
This past February 2010, new consumer credit card laws went into effect. The government says that they will tilt the playing field toward consumers by limiting some of the credit card industry's most profitable and punitive practices. Consumer advocates favor it, but the card issuers warn it will drive up the credit card fees and limit their availability at a time when the country needs more spending to stimulate the economy. What do we need to know to get the most out of our credit and debit cards? How do these new policies affect us? And, will new regulations alter the way debt collectors go about reclaiming unpaid debt? Guest: Richard Alderman, "The People's Lawyer", Director, Center for Consumer Law, University of Houston; broadcast date August 13, 2010.