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All Credit Card Companies Informative - Consumer Friendly State Credit Card Laws - Avoid Predatory Charges - Discover Card, Visa and Mastercard - Consumer Credit Cards

Consumer Credit Cards
Review by Discoverhater on 2006-04-25
NATIONWIDE -- Here is a sampling of states with consumer-friendly credit card laws and guidelines. Remember, the rules apply to people using credit cards from issuers based in that state. The state laws do not apply to people using credit cards issued by a company based in another state.

Low interest rate
Arkansas: State law caps interest rate at 5 percent above the Federal Discount Rate at the time of the credit card contract. These super-low rates (currently 9½ percent) are reserved for people with excellent credit.

Caps on annual fees
Georgia: $12
Mississippi: $12
Tennessee: $15
Kentucky: $20
North Carolina: $20

Extra time before late fees charged
Maine: A customer has 15 days past a bill's due date to get a payment to the issuer before a late fee is imposed.
Iowa: Iowa-based issuers give customers 10 days of leeway after the payment due date. Iowa law also caps late fees and over-the-limit fees at $15.

Extended notice of change in credit card terms Iowa: 60 days
Wisconsin: 90 days

Allows people to pay off balance at old rate when rate hike occurs
Maine
Iowa
Wisconsin

Gives consumers a comparative listing of credit card rates, fees and grace periods
New York
Iowa
Minnesota
Comments:
Posted by Ponie on 2006-04-25:
Do we have to go through this again, and again, and again? Please--spare me!
Posted by amaniR on 2006-04-26:
Yup, What Ponie said!
P.S. Cutting and pasting skills do not make you a consumer advocate, sorry
Posted by Discoverhater on 2006-04-26:
Ponie, Yes we do have to “go through this again and again…” so if you don’t like it then don’t read my posts or I can spare everyone your negative thoughts and block you from posting comments to my reviews.

I do not see you making any positive contributions to this website. I checked your profile and the comments you have posted and your profile shows you posting Zero reviews and 384 Comments. Ninety-eight percent of the time, you criticize the poster and/or question their credibility and the other 2% of the time you concur with the poster because you have encountered the same experience and/or the poster thinks like you. There obviously appears to be an inferiority complex present or you are perfect unlike the rest of the population and never make mistakes. This website is for people to post information for other consumers to review so they can become aware and empowered. Since you present yourself as being perfect, you should be a leader and provide us information that we can use to become perfect like you rather then always criticizing and belittling people.
Posted by Discoverhater on 2006-04-26:
AmaniR, What are you going to accuse me of next? Plagarism. Would it make you feel better if I cite my sources in the reviews I post where I have inserted a table and/or information from an outside source?

This website is a website for raising consumer awareness. I am posting to this website and creating reviews for others to read in one central location. Some items I have copied from other websites and posted them to this website but most of my reviews I have composed myself. Again, I want people to be able to read relevant information in one location and not have to spend hours searching the web or be ignorant. Do you really want to think like Ponie and present yourself as narrow minded and negative?

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