Safe Credit Card Standards Policy Recommendations for Protecting Credit Cardholders

Safe Credit Card Standards. Policy Recommendations for Protecting Credit Cardholders and Promoting a Functional Marketplace. Credit card companies have powers unique in the world of retail lending. After a consumer has agreed to the terms of a credit card account and used the card to make purchases or obtain cash advances, the card issuer may lawfully rewrite the agreement or demand a higher rate of interest, even on funds previously advanced.

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