New Credit Card Law Impacts Retail Gift Cards
The recently enacted credit card legislation, the Credit Card Accountability, Responsibility, and Disclosure Act contains a provision impacting retail gift cards and gift certificates. Specifically, the new law prohibits the imposition a dormancy fee, an inactivity charge or fee, or a service fee with respect to a gift certificate, store gift card, or general-use prepaid card unless certain disclosures are made. Read more.
Showing posts with label and Disclosure Act. Show all posts
Showing posts with label and Disclosure Act. Show all posts
Tuesday, June 2, 2009
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