Kingdom Financial Principles Applauds House Passage of Credit Card Holders’ Bill of Rights

GROTON, Vt., May 5, 2009 — Last Thursday, by a vote of 357-70, the U.S. House of Representatives passed a bill known as the Credit Card Holders’ Bill of Rights. If it becomes law, the bill will prohibit credit card companies from giving credit cards to minors and eliminate sudden interest rate…