Monday 5 March 2012

Government moving forward on proposed unsolicited credit card cheque ban

The government announced that it will be introducing legislation to ban the practice of Credit Cards sending unsolicited "cheques" in the mail.

I'm all for that! First the cheques themselves are treated like cash advances and begin accumulating interest as soon as they clear so it is better to use the card itself to make purchases.

Second it cuts down on the junk mail we receive. I hope this bill passes unanimously.

Government moving forward on proposed unsolicited credit card cheque ban:

'via Blog this'

Add to Technorati Favorites

No comments:

Post a Comment

Thank you for taking the time to comment on this post.

All comments are reviewed before posting. Spam and comments containing disrespectful language or character attacks will be deleted without posting.