Vision Credit Education, Inc.

Credit card companies gave in to congressional pressure in 2006 to avoid some unpopular practices that had aggravated cardholders. As a result, increased regulation did not occur at that time. However, recent changes have prompted new action by the Treasury’s Office of Thrift Supervision. For many cardholders, these new regulations will not be in place soon enough to make a difference. Read the rest of this entry »

It appears that Discover has so far resisted some of the minimum payment and interest rate increases announced by several other credit card issuers. What they have done is to quietly remove the cap that limited transaction fees on balance transfers. Read the rest of this entry »