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	<title>Comments on: New York Times exposes MSU credit card deal</title>
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	<link>http://michiganmessenger.com/11053/new-york-times-exposes-msu-credit-card-deal</link>
	<description>The Michigan Messenger is a local news site covering politics and policy throughout Michigan.  Its team delivers original reporting daily.  The Michigan Messenger is published by the nonpartisan and nonprofit group American Independent News Network.</description>
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		<title>By: Edward_Y</title>
		<link>http://michiganmessenger.com/11053/new-york-times-exposes-msu-credit-card-deal/comment-page-1#comment-6160</link>
		<dc:creator>Edward_Y</dc:creator>
		<pubDate>Fri, 08 May 2009 08:52:50 +0000</pubDate>
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		<description>The House of Representatives has passed the so-called “The Credit Cardholder’s Bill of Rights”. HR 5244 also known as The Credit Cardholder’s Bill of Rights imposes certain limitations on credit card institutions and the customers itself. The HR 5244 declared that: First, credit card companies cannot raise their rates without notice in 45 days or above, Second, not to force customers to pay off lower interest charges before higher interest, and last, no retroactive rate hikes allowed. Some says that it will limit credit card access but on the other hand, some says to maintain the practices outlawed are unfair to begin with. Many turn to an installment loans to pay off their credit cards, which is who The Credit Cardholder’s Bill of Rights aims to protect in the first place. To read more, simply click the link: &lt;a href=&quot;http://personalmoneystore.com/moneyblog/2009/04/30/house-approves-credit-cardholders-bill-rights/&quot; rel=&quot;nofollow&quot;&gt;http://personalmoneystore.com/moneyblog/2009/04...&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>The House of Representatives has passed the so-called “The Credit Cardholder’s Bill of Rights”. HR 5244 also known as The Credit Cardholder’s Bill of Rights imposes certain limitations on credit card institutions and the customers itself. The HR 5244 declared that: First, credit card companies cannot raise their rates without notice in 45 days or above, Second, not to force customers to pay off lower interest charges before higher interest, and last, no retroactive rate hikes allowed. Some says that it will limit credit card access but on the other hand, some says to maintain the practices outlawed are unfair to begin with. Many turn to an installment loans to pay off their credit cards, which is who The Credit Cardholder’s Bill of Rights aims to protect in the first place. To read more, simply click the link: <a href="http://personalmoneystore.com/moneyblog/2009/04/30/house-approves-credit-cardholders-bill-rights/" rel="nofollow">http://personalmoneystore.com/moneyblog/2009/04&#8230;</a></p>
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		<title>By: CristianStar</title>
		<link>http://michiganmessenger.com/11053/new-york-times-exposes-msu-credit-card-deal/comment-page-1#comment-5738</link>
		<dc:creator>CristianStar</dc:creator>
		<pubDate>Wed, 22 Apr 2009 08:40:42 +0000</pubDate>
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		<description>The university can&#039;t force a student to use a certain type of credit card. For example, a student can get a &lt;a rel=&quot;follow&quot; href=&quot;http://www.financetool.org/71/lower-interest-with-low-interest-balance-transfer-credit-card-companies/&quot; rel=&quot;nofollow&quot;&gt;credit card instant decision&lt;/a&gt; from any bank in town. The university has a contract, but I don&#039;t think that they can enforce the use of a certain bank.</description>
		<content:encoded><![CDATA[<p>The university can&#39;t force a student to use a certain type of credit card. For example, a student can get a <a rel="follow" href="http://www.financetool.org/71/lower-interest-with-low-interest-balance-transfer-credit-card-companies/" rel="nofollow">credit card instant decision</a> from any bank in town. The university has a contract, but I don&#39;t think that they can enforce the use of a certain bank.</p>
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