|
楼主 |
发表于 2008-5-2 03:21 PM
|
显示全部楼层
回复 1# 的帖子
Fed proposes reforming credit card practices
Friday May 2, 3:23 pm ET
WASHINGTON (Reuters) - The Federal Reserve on Friday joined other U.S. banking regulators in backing new limits on certain billing practices by credit card companies.
The Fed approved a proposal that would generally prohibit credit card companies from increasing the annual percentage rate on a customer's outstanding balance.
It would also ban companies from using prior billing cycles when calculating the amount of interest charges in the current cycle, a practice known as double-cycle billing.
The U.S. Office of Thrift Supervision and National Credit Union Administration already approved the same proposal. All three regulators said they hope to finalize the rule by the end of 2008. |
|