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Bring the Creditcardholder's Bill of Rights to a Vote

The banks swung and missed.

They lost a key committee vote on the U.S. PIRG-backed Credit Cardholders Bill of Rights — a bill to rein in unfair and abusive practices.

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Letter	Dear Speaker Pelosi, The U.S. PIRG-sponsored Credit Cardholders Bill Of Rights helps ensure decent treatment for credit cardholders. I urge you to bring this bill, which just passed through committee, to the floor for a full vote. Among its many provisions: prohibiting credit card companies from raising your rates to 36% APR or more if you are as little as one day late; prohibiting similar penalty rate changes based on your payment history with another company or for no reason at all; and banning the practice of charging more interest on amounts you already paid them. I hope you'll take action quickly to give consumers the fair deal they deserve. Sincerely,
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Bring the Creditcardholder's Bill of Rights to a Vote

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