4.43: Credit Card Bill of Rights

Establish a Credit Card Bill of Rights to protect consumers.

Other Information:

Obama and Biden will create a Credit Card Bill of Rights to protect consumers. The Obama-Biden plan will: Ban Unilateral Changes, Apply Interest Rate Increases Only to Future Debt, Prohibit Interest on Fees, Prohibit "Universal Defaults," Require Prompt and Fair Crediting of Cardholder Payments

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