Sentence examples for arbitrary interest from inspiring English sources

Consumer groups and some members of Congress have pressed for more protection against practices that can result in arbitrary interest rate increases even on credit card holders who make timely payments.

It calls for sweeping changes such as not allowing arbitrary interest rate increases.

Credit card companies have until July 2010 to adapt to regulations implemented by the Federal Reserve in December, which include measures designed to protect consumers, such as prohibiting arbitrary interest rate increases and making disclosures easier to read.

Maloney: I wanted to be sure we stopped the imposition of arbitrary interest rates, the ability to raise an interest rate retroactively on existing balances, penalty fees that were excessive for the amount of the loan, shortening time periods after a bill was rendered in which you could pay it and then declaring that the payment was late (now a 21-day minimum period to pay is required).

But it took an act of Congress this year to finally rid the industry of unfair fee traps and arbitrary interest rate increases.

Check out this example of a consumer-centric credit card bill, H.R. 5244 - the Credit Cardholders' Bill of Rights, that, if passed, would protect consumers from arbitrary interest rate hikes and misleading advertising.

Both the action and reactions demonstated something that all Chinese city governments know: when the executive power is far away and the law lethargic, arbitrary pursuit of self-interest is the most effective course of action.

But first they need approval both from America's Department of Justice, which rules on antitrust matters, and from the FCC, which looks out for the more arbitrary "public interest".

We have introduced a proposal that would get rid of the confusing and arbitrary way interest rates are determined on federal student loans, and instead allow rates to be set by the market.

Here we present a unified framework that enables users to create ontologies representing arbitrary domains of interest as well as analyses over those domains.

Here we present a unified framework that enables users to create ontologies representing arbitrary domains of interest and analyses over those domains.