AFFIL Releases "Common Credit Card Tricks and Traps"

Press release (PDF)

Americans for Fairness in Lending (AFFIL) is releasing today Common Credit Cards Tricks and Traps to help consumers steer clear of dangerous lending land mines. Credit Card Tricks and Traps is part of a new education/advocacy campaign to raise awareness of abusive credit card practices. It is being sent to AFFIL members and posted online at http://www.affil.org.

Coming on the heels of growing consumer response to the Federal Reserve Board’s proposal to end “Unfair or Deceptive Acts or Practices,” AFFIL’s tip sheet explains what these common abusive practices are and tells consumers how they can protect themselves.