|
What the New Credit Card Law Means to You....View Full Brochure
The Credit Card Accountability, Responsibility and Disclosure Act of 2009, better known as the CREDIT CARD Act, becomes effective February 22, 2010. Features with an (*) were effective August 20, 2009.
It was enacted largely due to the abusive and unfriendly practices by many of the nation's financial institutions.
Major Provisions of the Law include:
•More time to pay*
•More notice of changes*
•New limits on rate hikes*
•Clearer Disclosures
•New Fee Restrictions
•Better payment allocation
•More protection for the young
•Fairer Gift Card terms (Effective August 22, 2010)
The Credit CARD Act ends several unfair practices, but doesn't place ceilings on rates.
If you have an APCI FCU Classic or Gold MasterCard® you made a smart decision. If you don't, now is the time to apply!
•Low Fixed Annual Percentage Rates (APR)
•No Fees
•Convenient Payment Options
•Convenience Services
•Security Features
•CU Rewards
Apply online  |
WHAT THE NEW CREDIT CARD LAW MEANS TO YOU
