{"id":194404,"date":"2008-09-25T23:10:00","date_gmt":"2008-09-26T04:10:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/09\/25\/house-of-representatives-passed-new-credit-card-regulations\/"},"modified":"2008-09-25T23:10:00","modified_gmt":"2008-09-26T04:10:00","slug":"house-of-representatives-passed-new-credit-card-regulations","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/09\/25\/house-of-representatives-passed-new-credit-card-regulations\/","title":{"rendered":"House of Representatives Passed New Credit Card Regulations"},"content":{"rendered":"<p>It&#8217;s some <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601110&amp;sid=acA2EB0tQsKs\">fairly minor stuff<\/a>, but it&#8217;s a start, though I doubt that it will make it past the Senate, though considering that the distinguished gentleman from <del>MBNA<\/del> Delaware is otherwise occupied, it&#8217;s possible.<\/p>\n<p>Basic provisions:<\/p>\n<ul>\n<li>requires a notice period for interest rate increases<\/li>\n<li>prohibits interest charges on balances paid during grace periods<\/li>\n<li>bars issuers from applying payments first to lower-interest debt while debt carrying a higher interest rate remains unpaid.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s some fairly minor stuff, but it&#8217;s a start, though I doubt that it will make it past the Senate, though considering that the distinguished gentleman from MBNA Delaware is otherwise occupied, it&#8217;s possible. Basic provisions: requires a notice period for interest rate increases prohibits interest charges on balances paid during grace periods bars issuers &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[998,1004,1020,985],"tags":[],"class_list":["post-194404","post","type-post","status-publish","format-standard","hentry","category-congress","category-finance","category-legislation","category-regulation"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/194404"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=194404"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/194404\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=194404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=194404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=194404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}