Pelley Law Office LLP
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Credit Card Fees

For years credit card companies were raising interest rates for a number of reasons.  There was fine print on the agreement that few people read before signing the agreement which often authorized the credit card to raise its rates even if the cardholder only fell behind on another credit card...not even that particular card.

As a result, The Credit Card Accountability Responsibility and Disclosure Act of 2009 was passed by Congress and signed by President Obama.  According to a new article on yahoo.com, credit card companies are trying to skirt that law and are attempting to find new ways to recapture some of their losses they took as a result of the Act.

This may well result in the number of consumer bankruptcies in this country continuing to rise.

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Plano office
Sherman office
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Plano Office
1312 14th Street, Suite 100
Plano, Texas 75074

Phone: 972-608-0335
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Sherman Office
905 North Travis Street
Sherman, Texas 75090

Phone: 903-813-4778
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6060 North Central Expressway, Suite 602
Dallas, Texas 75206

Phone: 214-733-1775
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