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Learn The Details of Your New Credit Card Bill

submitted on February 24, 2010 by orangearrows in "Stores / Merchants"
http://lifehacker.com/5479160/.....ehacker%29


With the Credit Card Act of 2009 in effect, your next statement will likely have some new information and disclosures on it. The Federal Reserve has an interactive tool that explains and illustrates what they mean for your money.

The bad news is that the Fed's interactive tool is Flash-based. The good news is that it shows you a lot of helpful new features, like the "Total fees for this period" sum and minimum payment pay-off time tally, that you might miss if you blitz through your next statement. The site also explains credit card offers, provides a more in-depth debt pay-off calculator, and provides a quick link to the new rules credit card firms must abide by in dealing with your account.


        

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