Tag Archives: Credit Card Reform

Credit Card Reform: More Thoughts on Rates

Three quick follow up points. Soprano Credit Commenter Another Mike brings up a good point, one I’ve been thinking about: The main idea is that there is an active secondary market in business debt, and primary lenders take advantage of … Continue reading

Posted in Credit Card Reform, Uncategorized | Tagged | 22 Comments

Credit Card Reform: Does my credit card’s interest rate mean anything?

Transactional and Revolving credit I highly recommend this post by interfluidity, where he slices a credit card into the transactional and revolving portions, and makes this finance blogging thing look easy. He write about how we should focus on bringing … Continue reading

Posted in Credit Card Reform, Uncategorized | Tagged | 26 Comments

Credit Card Reform: Will my rewards disappear?

We’ve done some critical theory lately, let’s get back to some real finance, with some equations to make up for it. I’m coming in late to the credit card debate, so I’ll get right to it. I pay my credit … Continue reading

Posted in Credit Card Reform, Uncategorized | Tagged | 3 Comments

Credit Card Reform: Interchange Fees

Also, while I’m ranting, interchange fees! Rawr! The fact that interchange fees, the fees that businesses get hit by that get passed onto consumers, have risen over the past two decades, while, as far as I understand, protection to businesses … Continue reading

Posted in Credit Card Reform, Uncategorized | Tagged | 15 Comments

Credit Card Reform

Kevin Drum reports some depressing news about whether or not Congress will be able to pass a weak or strong form of a consumer credit bill of rights: The proposal, sponsored by Senate Banking Committee Chairman Chris Dodd (D-Conn.), would … Continue reading

Posted in Credit Card Reform, Uncategorized | Tagged | 6 Comments