Federal Government Wants Your Feedback On Credit Card Reform.

The Federal Reserve is taking comments from consumers on credit card reform rules.

The reserve proposed several rule changes back in May, and among them, companies would be prohibited from raising the interest rate on debt you've already accumulated.

Changes would also force companies to pay off higher interest rate debt first.

The comment period is open until August 4th, and can be made at www.Federalreserve.Gov.


Comments are posted from viewers like you and do not always reflect the views of this station.
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