Tuesday, May 5, 2009

Tonko Votes in Favor of Credit Card Protections

Congressman Paul Tonko recently voted to approve the Credit Cardholders’ Bill of Rights Act, which he also co-sponsored.

“We need to put these common-sense regulations in place to protect consumers from credit card companies which have resorted to gimmicks and underhanded tactics to make bigger profits on the backs of working families,” said Rep. Tonko. “We must put an end to the abusive practices that are driving Americans deeper and deeper into debt. We need to build an economy that rewards hard work and responsibility, not one built on maxed-out credit cards.”


Click here for more information on this important legislation.