No Fax Pay Day Loan – Irresponsible credit card companies targeted in consumer shake-up – Daily Telegraph

Posted on July 5, 2009
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Irresponsible credit card companies targeted in consumer shake-up – Daily Telegraph
Deals by credit card companies will be scrutinsed in a major shake up of consumer laws Photo: GETTY Loans with sky-high interest rates, cards with complex and hidden charges, unauthorised increases to credit limits, and so-called payday loans with
Source: www.telegraph.co.uk

Credit card lending crackdown under shake up to consumer laws – Daily Telegraph
Loans with sky-high interest rates, cards with complex and hidden charges, unauthorised increases to credit limits, and so-called payday loans with annual interest rates of more than 1000 per cent are expected to be targeted. Door-step lending and
Source: www.telegraph.co.uk

Credit cards could have interest rate capped to help those in debt – Daily Mail
Credit and store card interest rates could be capped for some customers Credit and store card interest rates could be capped for some customers under Government plans announced today. Finance firms could be stopped from increasing the interest rate
Source: www.dailymail.co.uk

Administration sends Congress consumer bill – MSNBC
WASHINGTON  – The Obama administration sent Congress legislation Tuesday to create a new Consumer Financial Protection Agency designed to protect Americans from unscrupulous practices and make financial products easier to understand. The 152-page
Source: www.msnbc.msn.com

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