New CCH White Paper: An Analysis of the Credit Card Act
CCH has issued a new white paper analyzing the Credit Card Accountability Responsibility and Disclosure Act of 2009, known as the Credit CARD Act. Credit Card Reform: An Analysis of the Credit CARD Act, authored by CCH Banking Law Analyst Katalina M. Bianco, JD, examines the Act. CCH is part of Wolters Kluwer Law & Business.
"Against the backdrop of consumers' increasing credit card debt, the Act provides protection for consumers and increases supervision of credit card issuers, providing greater transparency for both consumers and regulators," said Bianco. "While regulators had taken steps beginning in 2008 to provide for greater protections, the Act reflects a desire by Congress to ensure that adequate protections are in place in a more timely way."
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