In the last few years, there has been a push toward consumer advocacy with finances. There has been a great emphasis on establishing good financial health for individuals, and in February, the CARD Act went into effect. Among many other things, the regulations require credit card issuers to give their card holders 45-day notice of any major changes to the terms of agreement.
Slowly but surely, there has also been more awareness about the food we eat and our physical health. This week, FOX News announced that San Francisco’s Board of Supervisors has approved an ordinance that will ban toys from fast food meals for kids. While fast food may be the most affordable in the short-term, it can be devastating in the long-term in medical bills.
I think it’s interesting and exciting that consumers are becoming more empowered and that governments are trying to help consumers keep their wallets and health in check. Sometimes consumers need a little help protecting themselves.
Read on for my roundup of my top 10 favorite credit- and debt-related blog posts from the past week.