Defend Your Dollars is the website of the Consumers Union Financial Services Campaign, where we support reforms to the financial marketplace to curb bad practices by banks and lenders.
A comprehensive credit card law is now in place that will help end the tricks that trap consumers in high-cost credit card debt. You can learn more about these key rights below. Click here to see when different provisions of the law go into effect.
The new credit card law includes these consumer protections:
Help keep us informed.
Banks will continue to come up with new practices designed to get more money out of you, so tell us what's been happening with your credit card
Click here to read a full summary of the Credit Card Legislation.
Read the Federal Reserve Board's Tips on the new Credit Card Law.
Credit card companies are raising interest rates and lowering credit limits while happily getting bailed out with our tax dollars. Have you seen recent changes to the terms and conditions on your credit card? Tell us your story and help us stop these card companies from unfairly picking your pocket!
We want to hear from you. Your willingness to share your stories helps us pass laws to protect you and your family.Read stories from individuals who have shared their stories, like:
Brian of Gardnerville, NV
Over the past seven years, by paying his creditors on time all of the time and monitoring his spending, Brian had successfully increased his credit score from the low 600’s to a recent 705.
Online, by mail, phone or fax... Agencies need to hear from you!