Comments on: Fee Harvester Card

By: Credit Card Accountability, Responsibility and Disclosure Act of 2009 | Vision Credit Education, Inc.

Tue, 26 May 2009 17:48:18 +0000

[...] promotional periods of at least 6 months or if an account holder becomes 60 days past due. Fee harvester cards may not assess fees and other charges related to opening the account that total more than 25% of [...]

By: Any Time for Any Reason Rate Increases Banned | Vision Credit Education, Inc.

Fri, 19 Dec 2008 13:56:14 +0000

[...] Fee harvester cards cannot charge more than 50% of the credit limit as upfront fees. Additionally, these cardholders may pay those fees gradually over a year rather than on the first payment. [...]

By: Preemption Amendment to Foreclosure Bill - Vision Credit Education, Inc. - Your Nonprofit Credit Counseling Organization

Tue, 06 May 2008 22:40:13 +0000

[...] preemption is what allows some credit card issuers to provide predatory loan products, such as fee harvester cards by basing operations out of South [...]

By: Fed Tightening Credit Card Rules - Vision Credit Education, Inc. - Your Nonprofit Credit Counseling Organization

Mon, 05 May 2008 20:46:29 +0000

[...] and fee requirements may change for some products. Fee harvester cards may be permanently [...]