Recent Legislation Against Credit Card Companies

To the benefit of consumers, Congress has finally proposed legislation that will regulate how credit card companies charge interest known as the Credit Cardholder's Bill of Rights Act. The bill would protect cardholders from arbitrary rate increases and excessive fees, among other provisions. You may have fallen victim to interest rates increasing from 6% to 30% because you didnt pay an electric bill on time... or even more absurd, because your credit score went up! Although these rate changes are in the small print of your contract, ("any change to your credit score may result in interest rates increasing, blah,blah")they are clearly grossly unfair. You better believe that the Credit Card Companies are lobbying against this bill. Who is on the side of the consumer? We are on your side. Superior Debt has been actively lobbying in Congress to promote and pursue legislation to the benefit of consumers. Do you have a horror story? Let us take it to the Congress floor and have your voice heard!