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Reply #19: Not so fast my friends, check your mailbox.... [View All]

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robdogbucky Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-02-10 03:57 PM
Response to Reply #1
19. Not so fast my friends, check your mailbox....
I just received my notices from my credit union regarding compliance and changes due to my credit accounts with them per the Credit CARD Act of 2009. They do allow that they could have waited until 15 days before the changes are enacted on 2/16/10, and they do allow that anyone that does not agree and do not want the changes to apply to them can close their accounts.

Guess what.

I think I will do just that, any cards at least.

I know MasterCard will no doubt wait for the 15-minute, er excuse me, the 15-day fuse stars before notifying me.

I received their last statement earlier this week. I am writing out my payment to them right now.

Just sayin' that the credit unions will comply with all this on their cards as well as I just found out. I have not had any notice thus far about any changes to my checking account. Talk about ripped from the headlines, or ripped from the home page news threads on DU.


Stay tuned



Just my dos centavos

robdogbucky
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