2010 Credit Card Regulations and Building Credit

The SMN led a discussion for financial education providers on the 2010 changes to credit card regulations regarding disclosures, adjustment of interest rates, application of payments, and address how they will effect you and your clients. In addition, the session will cover current issues around rebuilding/re-establishing credit under the Fair Credit Reporting Act and the FICO Model.


Rick Harper, Senior Vice President of Program Services, Consumer Credit Counseling Service of SF

Additional Resources

Summary sheet for the Credit Card Accountability, Responsibility, and Disclosure Act of 2009 (also know as the Credit Cardholders' Bill of Rights Act of 2009):

Other credit card legal issues:
https://www.cccssf.org/education/publications.html click on "Legal Issues"

Understanding your Credit Report (see attached PDF), and also you can get from website:
https://www.cccssf.org/education/publications.html click on "Credit Report and Scores", then on "Credit Report"