Credit Card Interest Laws?

Answer The Credit CARD Act, passed in 2009, made significant changes to current credit card interest laws. These changes are designed to make the terms of credit card contracts more transparent and protec... Read More »

Top Q&A For: Credit Card Interest Laws

Is credit card interest tied to the prime interest rate?

According to the Federal Reserve, some variable-rate credit cards base their interest rate on the prime interest rate. However, other rates can also be used, such as the Treasury bill rate.Source:F... Read More »

How To Replace a High Interest Rate Credit Card With a Low Interest Rate Card?

Many consumers sign up for a specific credit card because they were offered an attractive introductory interest rate. The problem with introductory rates is that they eventually increase. Before yo... Read More »

How to Transfer a Credit Card to a Lower Interest Card?

Many people use credit cards for daily purchases, such as for: groceries, gasoline or entertainment. Credit card interest rates can vary considerably; some will have a 0 percent annual percentage r... Read More »

How Can I Get an Interest-Free Credit Card With No Credit?

You may be able to qualify for an interest-free credit card, even if you do not have a credit history. Not having a credit history isn't the same as having bad credit, and there are credit card com... Read More »