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House passes credit card bill that helps consumers (AP)


Ron Burgundy
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capt.1b714be132734adbb57e92a19a95ff81.credit_cards_interest_dcsa103.jpg?x=130&y=86&q=85&sig=ggJvHrBo1JKB5NGFzZr2Hw--AP - Riding a crest of populist anger, the House on Thursday approved a bill to restrict credit card practices and eliminate sudden increases in interest rates and late fees that have entangled millions of consumers. The legislation, dubbed the Credit Card Holders' Bill of Rights, passed by a bipartisan vote of 357-70 following lobbying by President Barack Obama and members of his administration.

 

 

 

 

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