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New Reg Z credit card rule proposed (access required)

By: Kimberly Atkins
Published: March 5, 2010

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WASHINGTON – The Federal Reserve Board has proposed a new rule that would protect credit card customers from unreasonable fees and penalties for late payments, and dissuade card companies from making drastic interest rate hikes.

TILA applies to interest rate increases (access required)

By: Correy Stephenson
Published: March 17, 2009

Tags: ,

Notice requirements in the Truth in Lending Act and Regulation Z apply to discretionary interest rate increases that occur because of consumer default, the 9th Circuit has ruled in reversing dismissal of the plaintiff’s suit.

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