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Sen. Robert Menendez Is There When -LANDMARK CREDIT CARD REFORM SIGNED INTO LAW

Sen. Robert Menendez joins President Barack Obama for the signing of the credit card reform law in the White House Rose GardenLANDMARK CREDIT CARD REFORM SIGNED INTO LAW

menendez-creditcardbillThis new law includes important and unprecedented protections for consumers that will end a number of deceptive and predatory practices, many of which I am proud to have had a hand in drafting. We are ending surprise and unjustified interest rate increases, changes to contracts, unreasonable penalties for consumers and opportunities for card companies to prey on unsuspecting young consumers, just to name a few. Credit card company abuses have reached a point where families feel like a trap door is going to open up beneath them every time they swipe a card. Continue reading Sen. Robert Menendez Is There When -LANDMARK CREDIT CARD REFORM SIGNED INTO LAW

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