Prepaid credit cards face tighter rules – Ask a Vancouver Mortgage Broker
October 24, 2012 by Adil Virani
Filed under Latest News, Latest Rates, Mortgage FAQ, Recent News
Ottawa is stepping in with new rules for the largely unregulated prepaid credit card market. Finance Minister Jim Flaherty announced Wednesday that in the future, issuers of prepaid cards will not be able to impose expiry dates and must be up front about hidden fees and conditions. The move is part of the government’s expanding […]
