The White House to Answer Consumer Questions About the Credit CARD Act at CreditCards.com

AUSTIN, Texas, Feb. 15 /PRNewswire/ --

Summary

On Feb. 22, 2010, CreditCards.com will host a live, interactive online video town hall discussion of credit card reform during which consumers can directly ask questions of White House economic adviser Austan Goolsbee.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20090210/CCLOGO)

American consumers are invited to participate by submitting questions, responding to real-time polls and viewing live streaming video from the White House.

• What: Credit CARD Act online video town hall with Austan Goolsbee, of the president's Council of Economic Advisers.
• When: Feb. 22, 2010 – the day the law goes into effect – at 2PM Eastern time
• Where:  www.creditcards.com/askthewhitehouse

The News

The Credit CARD Act of 2009 is the most sweeping credit card reform in history and offers consumers new protection from unfair or deceptive credit card practices.

CreditCards.com is pleased to host a live, interactive CARD Act town hall meeting.  In the meeting, Goolsbee will describe the impact of the reform and field questions submitted by consumers.

The town hall event will be Monday, Feb. 22, 2010 at 2PM Eastern, and can be found at www.creditcards.com/askthewhitehouse  

Answering questions from the White House will be Austan Goolsbee, a member of the president's Council of Economic Advisers.

Consumers are encouraged to join the conversation by submitting questions, offering opinions and responding to real-time poll questions. Consumers may submit their questions in advance on the same page, or by posing questions on the social networking site Twitter using the hashtag #cardlaw.

For more information on what is – and isn't – covered in the Credit CARD Act, consumers are invited to review CreditCards.com Guide to the Credit CARD Act of 2009 at www.creditcards.com/reform

Quotes

CreditCards.com President and CEO Elisabeth DeMarse

"The Credit CARD Act gives cardholders new rights and protections, and fundamentally changes the relationship between cardholders and card issuers.  We're excited to work with the White House to ensure that the reform message reaches American consumers."

About CreditCards.com

CreditCards.com is the leading online credit card marketplace connecting consumers with multiple credit card issuers. CreditCards.com, (http://www.creditcards.com ), enables consumers to search for, compare and apply for credit cards and offers credit card advice, news, statistics and tools.  In 2009, more than 12 million consumers used CreditCards.com to make smart choices about credit cards. CreditCards.com was recently named a "Best Site for Managing Your Credit" by MSN Money.

SOURCE CreditCards.com