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Consumer Banking: New credit-card law may be boon for credit unions

0 Comments Published May 26th, 2009 in News.

Credit cards from credit unions often are better deals than bank credit cards — and this should become even more evident as a new federal law tightens terms on interest rates and fees.

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« Treasury throws GMAC a new $7.5 billion lifeline
Paul B. Farrell: Four shadowy profit killers stalking you »
This blog discusses subprime mortgage problems. Subprime problems began when lenders offered loans to potential home owners with bad credit or credit / income that did not meet the standards of traditional lending. Subprime mortgages for people with bad credit or no credit face an uncertain future. Once the hope of many to enter into home ownership has now been corrupted both by overreaching consumers and predatory lenders. I hope to follow the aftermath of this crisis.

Mortgage Lender Implode-o-Meter






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