The Senate passed the new Credit Cardholders’ Bill of Rights Act of 2009 yesterday. After the new credit card bill is worked out with the house, and the President signs it, the changes take effect in one year.
Credit Card Bill of Rights
Here is a summary of the changes included in the new credit card [...]

Posted May 20, 2009 in Hot Topics by Madison | 2 Comments

Update: The $15,000 home buyer tax credit was eliminated in the compromised bill. It’s now an $8,000 First Time Home Buyer Tax Credit.
A reader, Keith, left the following comment about the $7500 First Time Home Buyer Tax Credit:
I just read that the $7500 home buyer tax credit is going to be jumping up [...]

Posted February 5, 2009 in Hot Topics, Taxes by Madison | 11 Comments