How new credit card law affects young adults

by Center for Personal Finance editors

WASHINGTON (8/7/09)--Cardholders can expect sweeping changes soon from new credit card legislation, but if you're a young adult, pay special attention. Sunday's H&FF Radio show line-up includes a credit card expert who explains why young adults need to understand how the new law affects them.

Home & Family Finance airs Sundays at 3 p.m. EDT on the Radio America Network. The show also is carried on American Forces Radio Network. The one-hour program devoted to consumer finance issues is brought to you by America's credit unions and their 90 million members, and is presented by CO-OP Network.

The Credit Union National Association (CUNA) and Radio America are podcasting Home & Family Finance through iTunes, Podcast Alley, Odeo, and other popular podcast library sites, as well as on Radio America and CUNA's websites.

Sunday's show, which you also can hear later via the Internet, features Paul Berry, Washington, D.C., journalist and broadcaster, discussing these topics with special guests:

• "What Young Adults Must Know About the New Credit Card Law," with Dr. Mary Beth Pinto, marketing professor and credit card researcher, Sam and Irene Black School of Business, Penn State Erie, The Berhend College, Erie, Pa.;

• "Sustenance and Hope for Caregivers of Elderly Parents," with Gloria Barsamian, retired social worker, Burlington, Mass.;

• "Cash for Clunkers," with Ellen Martin, public affairs specialist, National Highway Traffic Safety Administration, U.S. Department of Transportation, Washington, D.C.; and

• Your Questions Answered.

Home & Family Finance is a resource center for personal finance information at CUNA. The radio show is sponsored by CO-OP Network, the national credit union ATM network; Cabot Creamery Cooperative, maker of award-winning cheddar; Western Corporate FCU, also known as WesCorp, and its member credit unions; and the Defense Credit Union Council and member credit unions, serving those who serve our country worldwide.

For more information, read "Students Face Credit Card Debt" in Money Mix.

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