the new credit card reform laws were created to protect consumers. the majority of these reforms prohibit credit card issuers from changing the terms of a consumer's credit card. below is a summary of the changes you can expect as a result of the credit card reform.
new fha rules
getting a home loan or refinancing your existing home will require a better fico score than before. the federal housing administration is trying to limit its exposure, and our nation's, to bad mortgage debt and therefore, implementing tighter controls for lender approval. below are the 4 major highlights of the new fha rules.
myfico.com is offering an insider's guide about these upcoming changes: