What changes came about as a result of the Credit Card Act of 2009?
Most of this federal legislation took effect Feb. 22, 2010. It prohibits unfair interest rate increases, restricts over-the-limit fees, requires co-signers for most credit card users under 21 and also requires fair payment allocation between old and new debt. For more information please visit www.OhioAttorneyGeneral.gov/CreditCardChanges.
