US Citizens for Fair Credit Card Terms, Inc. (CFCCT) http://www.cardratings.com is a grassroots organization devoted to consumer education that was founded on August 15, 1998 in Little Rock, Arkansas (CFCCT's Web site began operating the same month). CFCCT was founded in response to a growing national backlash against credit card debt. CFCCT provides an independent source of consumer information and is not owned or governed by any banking or credit card interest. Arkansas is an ideal home for CFCCT because credit cards issued by Arkansas banks have historically been viewed as being consumer friendly, particularly in regard to interest rates. CFCCT "fights" credit card debt by finding the most attractive cards in the country and disclosing this information to the public. Such disclosures help consumers lower their credit card debt and also encourage stronger competition among banks. Another role of CFCCT is to highlight credit cards that are consumer friendly in terms of rebates / perks. Since its founding, CFCCT has quickly become the most popular independent consumer credit organization devoted to credit cards on the Web. We have recently been featured in the Wall Street Journal, USA Today, and on PBS. To find out about awards we have won, please visit our Awards page. CFCCT is an independent source of consumer information and is not owned by any bank, credit card, or government interest. CFCCT does not charge consumers for its service. Instead, the organization relies on site sponsors for financial support. Information provided by CFCCT is intended for consumer use only.
