WBIW.com News - state

Brought to you by WBIW News and Network Indiana

Bayh Pushing To Put New Rules On Credit Card Companies

Last updated on Thursday, May 7, 2009

(UNDATED) - Indiana Senator Evan Bayh is pushing for new rules to prevent credit card companies from gouging cardholders.

Bayh says the companies should be required to send bills 7 days earlier to give more time to look over the bill.

He also wants the payment apply first to the most expensive part of the bill, instead of the least expensive.

Bayh was the deciding vote to move the bill out of the Senate banking committee.

1340 AM WBIW welcomes comments and suggestions by calling 812.277.1340 during normal business hours or by email at comments@wbiw.com

© Ad-Venture Media, Inc. All Rights Reserved.

Click here to go back to previous page