New Credit Card Laws: Final Phase Begins

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Uploaded by on Aug 23, 2010

The third and final phase of the Credit Card Act of 2009 went into effect over the weekend. And while most of the provisions went into effect in February earlier this year, the remaining rules include some pretty significant changes that you should be aware of.

Credit.com's Adam Levin explains what these final changes are and what they mean for consumers on ABC's Good Morning America.

For a more in-depth look please read our Consumer Guide: How the Credit CARD Act of 2009 Affects You - https://www.credit.com/r/card-act/af=p72816&ag=yt

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