Consumers Union, and other consumer groups, have been calling for credit-card reform for years. This GAO report confirms the need for simplified pricing that consumers can better understand, and the importance of stopping abusive credit-card pricing practices.
Here's a link to a recent MSNBC article, along with a link to the GAO report and a podcast of an interview with Gail Hillebrand, Senior Attorney and Campaign Manager for Financial Privacy Now.
To read the GAO Report, click here:
To urge Congress to shape up the credit-card industry, take action at www.YourWallet.org.