Tag: credit card regulations

The CARD Act's fee reductions have saved American consumers $20.8 billion a year; consumers with the lowest FICO scores have experienced the greatest benefits....

A more difficult access to credit makes it harder for young borrowers to build their credit files, postponing the day when they become eligible for a mortgage....

A new Fed paper confirms that college kids are perfectly capable of managing credit cards in a responsible way and should be given the opportunity to do so....

A judge has struck down the cap on interchange fees, telling the Federal Reserve to lower it further. The retailers are rejoicing, but the decision is wrong....

Cutting interchange rates in Europe is a very bad policy, but making the wrong argument, as The Economist does, just weakens our side's credibility....