“Commercial Awareness Is Global.”
By Carsten Lexa on
By: Carsten Lexa On August 13th, 2009, I wrote an article here on Commercial Law International about the “secrets” of the US credit card business and about how the existing rules make it hard for customers to pay off their credit card debt. On November 3rd, 2009, I wrote in a the second article about a Goverment proposal regarding new legislation for… Continue reading "The US credit card business – Credit CARD Act 2009"
By Carsten Lexa on
By: Rechtsanwalt (Attorney) Carsten Lexa, LL.M. On August 13th, 2009, I wrote an article here on Commercial Law International about the “secrets” of the US credit card business and about how the existing rules make it hard for customers to pay off their credit card dept. Now, a new Goverment proposal tries to help customers to reduce their credit card… Continue reading "The US credit card business – reloaded"
By Carsten Lexa on
By: Rechtsanwalt (Attorney) Carsten Lexa, LL.M. I´m not sure whether the following are really “secrets”. Very likely they are not. But they are definitely not commonly known – even to US-Americans, who use, on average, about 8 credit cards per person. Especially the Germans always wonder about the problems the US-Americans have with credit cards and how it is possible… Continue reading "“Secrets“ about the US credit card business"