Posted on 14 August 2010
By Mark Miller
Debt reduction is a critical component of retirement planning, since you’ll be on a fixed income and facing pressure to keep pace with mounting costs. Interest expense just adds pressure–especially high-rate credit card debt.
That’s why it’s well worth your time to understand the new consumer protections on credit and debit cards that take effect this month. The New York Times offers a good summary of the changes in this video.