Plastic rules - MoneySense

Plastic rules

Ottawa is taking steps to regulate the pre-paid credit card market including banning expiry dates.

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  • Ottawa is taking steps to regulate the pre-paid credit card market including banning expiry dates. Issuers will also have to be upfront about hidden fees and conditions. Many pre-paid cards come with an activation fee, per-transaction fees and monthly service fees.
  • House prices in Canada fell in September compared to August though prices are still 3.6% higher than they were a year ago.
  • Suspect your credit rating is inaccurate? The Consumer Financial Protection Bureau has launched a complaint portal to register concerns with credit reporting agencies. The database will also take fraud, credit monitoring service, consumer disclosure and improper access complaints.

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