March 16

Recent Compliance Issues: 2/20/15 – 3/5/15

1. Credit card issuers are extending the length of promotional, interest rate periods for balance transfers, according to a CardHub survey of 15 major issuers. Citigroup, Discover, and PNC Bank cards offer zero-percent interest for 18 months, charging a three percent fee for transfers. JPMorgan Chase has a zero-percent interest offer for 15 months with.