Northeast Oklahoma Community Action Agency

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Archive for March, 2010

A Profile of the Working Poor

Posted by neocaablogger on March 24, 2010

A new study from the Bureau of Labor Statistics (BLS) finds that in 2008, approximately 8.9 million adults were classified as “working poor,” an increase of 1.4 million since 2007. BLS defines the working poor as individuals who have spent at least 27 weeks in the labor force but whose incomes remain below the official […] Read report here>>A Profile of the Working Poor

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What We’re Doing: January-February

Posted by neocaablogger on March 9, 2010

The past two months have been very busy for the agency. Click here to read what we’ve been doing.

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New Credit Card Rules

Posted by neocaablogger on March 1, 2010

The Federal Reserve has come up with new credit card rules to help protect consumers.

There are several changes, but a few include requiring the credit card companies to:
• Send you a notice 45 days before increasing rates or other fees.
• Keep your interest rate the same for the first 12 months of opening an account.
• Let you know how long it will take you to pay off your balance if you make minimum payments.
• Provide protections for underage consumers.

There are exceptions to these rules, so read the new rules carefully to see how they can help you.

Nueva ley de tarjetas de crédito protege al consumidor

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