The millions of consumers receiving business credit cards offers each month are not protected under the Credit CARD Act of 2009, says the Pew Safe Credit Cards Project. Yet Pew reports the CARD Act has stabilized interest rates and cut penalty charges for cardholders. So to what extent has the CARD Act really been successful? In this exclusive NEXTcast interview, Safe Credit Cards Project Director Nick Bourke details the new pair of Pew studies analyzing this major legislation.
Nick Bourke (Director, Safe Credit Cards Project for Pew Health Group)
Nick Bourke is director of the Safe Credit Cards Project at The Pew Charitable Trusts, a non-profit, non-partisan organization committed to developing fact-based solutions to challenging public policy issues. At Pew, Bourke has authored research reports and led the organization’s analysis, commentary and advocacy efforts on consumer credit card issues. He also helps develop new projects as part of Pew’s growing consumer financial safety program. Bourke’s work has included Congressional testimony and other speaking engagements, as well as extensive outreach to industry and consumer groups. His media experience includes multiple appearances on national television and radio news programs as well as extensive interaction with print journalists. (Read more)
The millions of consumers receiving business credit cards offers each month are not protected under the Credit CARD Act of 2009, says the Pew Safe Credit Cards Project. Yet Pew reports the CARD Act has stabilized interest rates and cut penalty charges for cardholders. So to what extent has the CARD Act really been successful? In this exclusive NEXTcast interview, Safe Credit Cards Project Director Nick Bourke details the new pair of Pew studies analyzing this major legislation.