Republicans Block Dodd’s Effort to Protect Consumers from Credit Card Rate Hikes
Posted By: admin | 2009.11.19
dodd.senate.gov Senate Republicans blocked Banking Committee Chairman Chris Dodds (D-CT) attempt to pass legislation to stop credit card interest rate hikes. Dodd went to the Senate floor to ask for consent for the Senate to take up and pass his Credit Card Rate Freeze Act, which would prevent credit card companies from hiking interest rates, fees and finance charges on customers existing balances until Credit CARD Act protections take effect in February. Regrettably, Republican Senator Thad …






One Comment
GreenEnergy2112 / November 18, 2009 10:06 pm
I live in Connecticut and I will vote for you… Thank You for standing up to the credit card companies and fighting for my rights against the party of NO.