The Colorado Independent

Posts Tagged Credit Card Reform

Credit card reform faces stiff opposition from lenders

By | 12.23.08 | 11:15 am

Dissatisfied with the timing and sweep of new federal rules designed to protect credit card users from the banks that bill them, some well-placed Democrats are vowing to push stronger, more immediate reforms next year. With the banking industry already reeling from the economic downturn, however, the opposition to such a move could be fiercer than ever.