Credit Card Fees and Disclosures - Not a Pretty Picture

A new report by the Government Accountability Office (GAO) confirms what most consumers already know - that late fees and other costs of credit cards have increased substantially in recent years, and that it is becoming more and more difficult for consumers to understand the various fees and charges of credit cards. To read more, go to FindLaw article - "Study: Credit Card late Fees Much Higher."

Gillette Class Settlement Reached

A settlement agreement intended to resolve the many lawsuits brought against Gillette for misrepresenting the qualities of the M3 Power razor system has been filed with the United States District Court in Massachusetts. Gillette marketed the razor as providing a closer shave by lifting hair follicles up and away from the skin, a claim which its own studies had shown to be inaccurate. If approved by the court, the settlement will result in cash payments and/or merchandise to members of the class. The settlement agreement will be made available here at a later date. Quat Law Offices filed one of the first cases on behalf of Collin L. McGeary, a resident of Leominster, Massachusetts.