Consumers Union Calls for Credit Card Reforms on the Eve of Black
Penalty interest and fees: Late payments can raise your interest from 7% to 27%! Rather than rejecting charges that exceed your credit card limit, in debt before they realize what happened, or why there is so much credit-card fraud.
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Citing that Americans pay about $90 billion annually in interest and penalty payments on credit cards, the group called on Congress to: (1) enact legislation to ban retroactive application of interest rate increases so credit card
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817.62 Fraud by person authorized to provide goods or services. 817.625 Use of scanning device or 817.645 Alteration of credit card invoice; penalties.
Credit Firms Push to Thwart Fraud - WSJ.com

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Credit card fraud rising steadily. total losses at $200M in 2003 and $300M in individual maximum administrative penalty is three times the benefit rate
Small businesses urged to report online credit card fraud (24 Feb
In September last year, the Federal government introduced tough new laws to combat credit card skimming and Internet banking fraud with penalties of up to
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Schneier on Security: CardSystems Exposes 40 Million Identities
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Fraud, Phishing and Financial Misdeeds: Consumers Union Calls for
Penalty interest and fees: Late payments can raise your interest from 7% to 27%! Rather than rejecting charges that exceed your credit card limit,
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