Braden Perry Quoted in NextAdvisor Article on Credit Card Red Flags and What to Watch Out for Before Applying
NextAdvisor recently featured Braden Perry, among other experts, in an article regarding credit card red flags and what options are available for someone with no or low credit. Some of the red flags addressed in the article include high fees, high interest rates, low credit limit, no benefits, and no upgrade options. The Truth in Lending Act of 1969 ensures that all fees are spelled out clearly and it’s important to read the card’s terms and conditions before applying.
“These details were previously the ‘fine print’ that has been brought to the forefront to allow the consumer to understand the terms of the product and the ramifications of the use of the product,” Braden Perry, an attorney at Kennyhertz Perry in Mission Woods, Kan., previously told NextAdvisor for a story about protection from predatory lending practices.
To read this article in full: https://time.com/nextadvisor/credit-cards/credit-card-red-flags-to-avoid/
About Kennyhertz Perry’s Financial Services practice group:
Kennyhertz Perry integrates broad regulatory expertise, including compliance and enforcement, with the transactional practices to which that expertise is critical. We are called upon by businesses who need help navigating current and future regulatory challenges stemming from the global financial crisis. To assist our clients in understanding the issues that will affect their industries, entities and transactions, we understand the impact of regulations and requirements of both The Dodd-Frank Wall Street Reform and Consumer Protection Act and a wide variety of U.S. and foreign regulatory reforms targeting investment business and market structures, alternative investment fund managers, private equity and others, central clearing and exchange-trading of derivatives, market abuse and insider dealing, capital regimes, and commodity derivatives.
Kennyhertz Perry attorneys also have broad BSA/AML experience across the spectrum of bank and non-bank financial institutions. These include traditional chartered banks, broker-dealers, commodity trading advisors, money transmitters, non-bank lenders, and virtual currency businesses. We are experienced in counseling and drafting BSA/AML practices, policies, and procedures. Our combined knowledge and skill permit us to anticipate potential problems before they become serious issues and assist clients in responding effectively to regulatory and law enforcement criticisms or inquiries.
Kennyhertz Perry regularly counsels lenders, investment advisers, broker-dealers, and fund managers on the laws, rules, and regulatory developments affecting their business, including regulatory requirements, risk management, licensing and registration, sales and marketing practices and materials, manuals and training, day-to-day compliance.
Kennyhertz Perry, LLC is a business and litigation law firm representing clients in highly regulated industries. The firm was founded by two veteran Kansas City attorneys, John Kennyhertz and Braden Perry. To learn more about the firm, visit kennyhertzperry.com.
*The choice of a lawyer is an important decision and should not be based solely upon advertisements.