NEW YORK (8/24/09)--The New York Times cited the Credit Union National Association’s (CUNA) Credit Union Finder website and credit unions’ lower interest rates on credit card balances in a recent article. With new credit card rules in effect Thursday under the Credit Card Accountability, Responsibility and Disclosure (CARD) Act, many credit card companies quickly made changes to their policies to get ahead of the rules. Under the CARD Act, financial institutions must give cardholders 45 days before increasing their interest rates or changing card terms. Cardholders irritated by the changes can seek out credit unions for better deals on credit cards, using CUNA’s website at www.creditunion.coop, the Times said. “Credit unions often offer lower interest rates; find one that will accept you at creditunion.coop,” the newspaper added. Pentagon FCU, Alexandria, Va., offers cardholders interest rates of 2.99% on transferred debt indefinitely if a member pays a one-time balance transfer fee of 2.5% of the debt and makes payments on time, the newspaper added. For more information, use the links.