PodcastDirectory | Episode: Can a Credit Card Company Increase the Minimum Payment? Podcast

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Can a Credit Card Company Increase the Minimum Payment?

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DATE : Wed, 18 Jun 2008 10:34:08 +0000
Entered in Database : 2008-06-18 10:34:08
length : 516331
Link to the Show / Show Notes

Along with the other Federal banking regulators, the OCC issued guidance in January 2003 that required changes in credit card lending and account management practices. The guidance applies to all financial institutions that issue credit cards. One of the new requirements is to increase the minimum payment amount so that at least a portion of that [...]Click here to play

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