Select explains the 2009 CARD Act, how it has changed credit card applications for college students and ways that young people can start building credit ...

It’s called the Credit Card Competition Act. Supporters say it would reduce excessive fees and enhance credit card competition. Opponents say consumers will lose out.

Moreover, if the Credit Card Competition Act is passed, the increased savings to firms would likely not pass down to consumers, since consumers are not price sensitive in the first place.

The Credit Card Competition Act of 2023 is pitting retailers against banks. Proponents say it’ll benefit merchants by lowering some of their operating costs, enabling them to reduce prices ...

The Credit Card Competition Act, which was introduced to Congress in June 2023 would require major banks to use at least one credit card payment network that isn't Mastercard or Visa — companies ...

The Credit Card Competition Act of 2023 is pitting retailers against banks. Proponents say it’ll benefit merchants by lowering some of their operating costs, enabling them to reduce prices ...