Consumer Groups Rally to Support New Credit Card Reform
2009 May 15
President Obama spoke about credit card reform while at a town hall meeting in New Mexico yesterday, urging Congress to pass a bill by Memorial Day. Consumer groups are mustering as much support as they can to combat the influence of the credit card lobby to water down the current legislation. I went ahead and submitted my support to my local Senators in support of S. 414 and urge you to do the same.
The Consumerist has put together some bullet points highlighting the key provisions of the proposed legislation.
Creditcardreform.org has invested in a toll free number where you can call your senator to urge the passing of the bill.
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