Washington, DC – The level of consumer awareness of protections offered by new credit card requirements,
mostly going into effect Feb. 22, is revealed in a fresh survey conducted by the Consumer Federation of America (CFA) and the Credit Union National Association (CUNA), results of which will be released during a press conference Monday, Feb. 8 at 10 a.m.

The CFA/CUNA survey, conducted just days ago (Jan. 29-31), examines what consumers know about the new Credit Card Accountability, Responsibility and Disclosure Act (Credit CARD Act), especially whether they are aware there will be new protections and which key protections are part of the new law.

The survey also reveals consumer awareness of recent changes by issuers to credit card terms such as lines of credit, interest rates, and fees. And the survey indicates whether consumers took action as a result of these changes and what those actions were.

CFA and CUNA representatives will also offer tips for prudent consumer credit card use, and a summary of key protections will also be provided.

Event:
CFA/CUNA Press Conference: Consumer awareness of protections under new Credit CARD law

Date/Time:
Monday, Feb. 8, 10 a.m.

Location:
National Press Club, Zenger Room
529 14th Street, N.W., 13th floor, Washington, DC

Speakers:
Stephen Brobeck, Executive Director, Consumer Federation of America
Bill Hampel, Chief Economist, Credit Union National Association

NO INFORMATION WILL BE RELEASED PRIOR TO THE PRESS CONFERENCE