credit cards
Just months after historic legislation banned certain billing practices, card issuers have dreamed up new ones designed to trip up consumers.
Credit card fees and rewards programs exacerbate income inequality by acting as a transfer of wealth from poor to rich, according to a Federal Reserve Bank of Boston study released Monday.
Most credit card penalties will be limited to $25, and fees for customers who don't use their cards will be eliminated under rules released Tuesday by the Federal Reserve.
Trending