Creditcard users will be better off after new credit card laws go into effect inFebruary. (Photo by Jami Custer)

New credit card laws designed to help consumers

Creditcard users will be better off after new credit card laws go into effect inFebruary. (Photo by Jami Custer) Creditcard users will be better off after new credit card laws go into effect inFebruary. (Photo by Jami Custer)
Creditcard users will be better off after new credit card laws go into effect inFebruary. (Photo by Jami Custer)
BY JAMI MURPHY
Reporter – @cp_jmurphy
11/30/2009 07:14 AM
TAHLEQUAH, Okla. – This year credit card companies and consumers were introduced to new laws designed to help protect consumers. Some laws went into effect in August, but others will not take effect until December and late February.

According to one Cherokee Nation employee, these laws have been needed for several decades because the credit card industry has gone unregulated, raising interest rates and changing terms of credit card contracts for millions of customers while they could.

“With the current economy and financial institutions being held to a stricter code of ethics and operations, reform was just a matter of time,” Deborah Vanderpool, a Self-Sufficiency supervisor with the tribe’s Commerce Group, said. “Consumers have been subject to unscrupulous credit card practices for decades, and we’ve still got a few months until we are fully protected.”

In response to the laws, many banks and credit card issuers have tightened standards for issuing cards, and most all have made it more difficult to qualify for a credit card.

“In a survey of the largest national banks, including 19 that issue credit cards, 68 percent indicated to bank examiners that they had tightened credit card lending standards during the 12-month period ending March 31, 2009,” Vanderpool said.

She said the new laws would affect people who use or will use a credit card and that benefits of these changes are huge for consumers.

In the past, credit card issuers could change account terms, including interest rates and fees, without giving much notice. Now, according to the new laws, lenders must give account holders at least 45 days advance notice of significant changes.

Other big changes include informing customers of the right to cancel an account and that cancelling does not require the users to immediately pay off the balance. Further changes include:

• Monthly credit card bills must disclose the dates by which payments must be received to avoid late penalties and the dates that late fees will be charged to the accounts.
• Card issuers must include warnings in monthly statements indicating consumers who only make minimum payments that the amount of time it will take to pay off the debt in full and the interest they will pay will increase.
• Card issuers must disclose whether interest rates will increase if one or more payments are not received on time and what the penalty interest rate will be. This notice must appear on the monthly statement near the payment due date.
• Consumers can opt out of significant changes in terms to their accounts, including interest rate hikes and increase in fees and other charges.
• Cardholders who are more than 60 days late making payments do not have the right to opt out of APR increases.
• Credit card issuers must inform card users of the right to cancel when they mail the 45-day advance notice of the change in terms.
• Opting out is not considered defaulting on the account and should not be penalized by the card issuers.
• Issuers cannot demand payment in full of the outstanding balance or charge monthly maintenance fees on closed accounts if the consumer rejects the changes in terms.
• Opting out does not include raising minimum monthly payments required as this would actually be better for the consumer and pay off the card balance earlier.

“Currently opting out of interest rate hikes is only granted at the card issuer’s discretion and is not a consumer right,” Vanderpool said. “Opting out will allow the consumer to pay the old, lower interest rate but will not allow further purchases on the card.”

She said there are three methods for repaying balances on accounts that have been closed by consumers choosing to reject changes. They are: paying the balance over at least five years, charging a minimum payment that is up to twice the percentage charged before the change in terms and using the same repayment plan used on the account at the time the consumer rejects the change in terms.

Vanderpool said retroactive interest rate hikes on existing balances are banned except when an introductory period ends, the interest rate is tied to an index and is variable, the card user completes the terms of a workout plan for debt repayment or fails to comply with a workout plan or the card user is more than 60 days late making monthly payments.

Vanderpool said consumers younger than 21 who are not authorized users on a parent’s account must show proof of income to repay credit card loan or have an adult co-signer if they want accounts in their own names.
About the Author
Reporter

Jami Murphy graduated from Locust Grove High School in 2000. She received her bachelor’s degree in mass communications in 2006 from Northeastern State University and began working at the Cherokee Phoenix in 2007.

She said the Cherokee Phoenix has allowed her the opportunity to share valuable information with the Cherokee people on a daily basis. 

Jami married Michael Murphy in 2014. They have two sons, Caden and Austin. Together they have four children, including Johnny and Chase. They also have two grandchildren, Bentley and Baylea. 

She is a Cherokee Nation citizen and said working for the Cherokee Phoenix has meant a great deal to her. 

“My great-great-great-great grandfather, John Leaf Springston, worked for the paper long ago. It’s like coming full circle. I’ve learned so much about myself, the Cherokee people and I’ve enjoyed every minute of it.”

Jami is a member of the Native American Journalists Association, and Investigative Reporters and Editors. You can follow her on Twitter @jamilynnmurphy or on Facebook at www.facebook.com/jamimurphy2014.
jami-murphy@cherokee.org • 918-453-5560
Reporter Jami Murphy graduated from Locust Grove High School in 2000. She received her bachelor’s degree in mass communications in 2006 from Northeastern State University and began working at the Cherokee Phoenix in 2007. She said the Cherokee Phoenix has allowed her the opportunity to share valuable information with the Cherokee people on a daily basis. Jami married Michael Murphy in 2014. They have two sons, Caden and Austin. Together they have four children, including Johnny and Chase. They also have two grandchildren, Bentley and Baylea. She is a Cherokee Nation citizen and said working for the Cherokee Phoenix has meant a great deal to her. “My great-great-great-great grandfather, John Leaf Springston, worked for the paper long ago. It’s like coming full circle. I’ve learned so much about myself, the Cherokee people and I’ve enjoyed every minute of it.” Jami is a member of the Native American Journalists Association, and Investigative Reporters and Editors. You can follow her on Twitter @jamilynnmurphy or on Facebook at www.facebook.com/jamimurphy2014.

News

BY TRAVIS SNELL
Assistant Editor – @cp_tsnell
02/11/2016 11:30 AM
STILWELL, Okla. – According to Adair County court records, a Cherokee Nation marshal on Jan. 12 arrested CN employee Joshua Lee Littlefield, 26, for claiming ownership of tribal equipment that was pawned at a shop in Stilwell. Court documents state that James Harper, a Cherokee Nation Marshal Service investigator, arrested Littlefield for pawning an Infocus projector to H&H Pawn Shop on or about Dec. 7 and signing an ownership certificate for the projector when it belongs to and was stolen from the CN. According to state law, any person selling or pledging property to a pawnbroker who uses a false declaration of ownership shall be guilty of a felony, upon conviction. The fine for a violation shall not exceed $500. Court documents show District Court Judge Liz Brown on Jan. 11 issued an arrest warrant and a $3,000 bond. Records state the warrant was served on Jan. 12 and that Littlefield posted bond that day. According to court records, Littlefield on Jan. 20 pleaded not guilty to one felony count of false declaration of ownership to a pawnbroker and that he was to reappear on Feb. 17 in Adair County District Court. In a Feb. 10 email, Chrissi Nimmo, CN senior assistant attorney general, said the CNMS was investigating possible theft of electronic equipment but did not state if Littlefield was the focus of that investigation. “Regarding…inquiry regarding J. Littlefield, and his state arrest for ‘false declaration of ownership of pawn,’ I can tell you that the Marshal service has an open investigation regarding possible theft of electronic equipment. Because it is an open investigation, we are unable to release any additional details at this time,” Nimmo wrote. Human Resources officials said Littlefield, as of Feb. 10, still worked for the tribe as a health technical analyst for Health Services’ Information Technology department. CN Communications officials added that Littlefield was on leave, but didn’t specify what type. As of publication, the Cherokee Phoenix attempted to contact Littlefield for comment but was unable to reach him. Court records show no attorney listed for Littlefield.
BY JAMI MURPHY
Reporter – @cp_jmurphy
02/10/2016 02:30 PM
TAHLEQUAH, Okla. – The Cherokee Nation’s Election Commission on Feb. 9 voted to recommend election law changes that will go before the Tribal Council’s Rules Committee on Feb. 17. Election Commissioner Carolyn Allen made a motion that the EC adopt the law changes that were discussed during the EC’s Policy Committee meeting. Allen then made a motion to recommend those changes to the Tribal Council. One election law change the EC recommended defines “term” to mean a full four years in which the elected or appointed officer may perform the functions of office…and shall not include the remainder of any unexpired or partial year. Another recommendation adds language that fines $5,000 to any person who fails to file as a candidate for office after receiving in-kind contributions and/or raised funds in excess of $1,000. Also on Feb. 9, the EC voted to purchase a safety deposit box and selected the commissioners and staff needed to be able to retrieve the box. The Rules Committee is scheduled to meet at 1 p.m. on Feb. 17. The election law amendment item is No. 8 under New Business, according to the Rules Committee agenda.
BY STAFF REPORTS
02/09/2016 04:30 PM
CLAREMORE, Okla. – Steve Gragert, former Will Rogers Memorial executive director, will open the 2016 Milam Lecture Series telling about his Aug. 15 visit to the plane crash site that claimed the lives of Will Rogers and Wiley Post. Rogers and Post died Aug. 15, 1935, in Point Barrow, Alaska. The lecture will be at 7 p.m. on Feb. 18 in the Will Rogers Memorial Museum Theatre in Claremore. Admission is free and open to the public. Gragert, who started his involvement with Will Rogers in 1967 working on the Will Rogers Research project at Oklahoma State University, was named museum director in 2006, serving until 2014. He edited or co-edited 17 of the 22 volumes in the scholarly series “The Writings of Will Rogers,” published by OSU and two volumes of “The Papers of Will Rogers.” Gragert is also expected to share his most recent research on Will Rogers the humanitarian. For more information, call 918-341-0719 or toll free 1-800-324-9455.
BY JAMI MURPHY
Reporter – @cp_jmurphy
02/09/2016 01:15 PM
GLENPOOL, Okla. – Deputy Principal Chief S. Joe Crittenden and Cherokee artist Bill Glass Jr. were honored at the 2016 Greater Tulsa Indian Art Festival on Feb. 5 at the Glenpool Expo Center. As part of its 30th anniversary, the GTIAF honored veterans and Native Code Talkers. Crittenden, who served in the U.S. Navy during the Vietnam War, said he was surprised and humbled at being selected as the honorary chairman of the GTIAF. “The theme of this year’s festival was honoring our veterans and Code Talkers,” he said. “CNB (Cherokee Nation Businesses) represented the Cherokee Nation with a sponsorship at the Bear level, $5,000.00. It is my understanding that we have helped with this event in the past.” According to the GTIAF program, Crittenden is a champion for the rights and privileges of American military veterans, and during his tenure as deputy principal chief he has supported programs to better serve the brave men and women who have served the United States. Among the featured artists was Glass, who was honored as the elder artist. According to the GTIAF, the festival annually honors a Native American artist whose support of American Indian art has been extraordinary throughout his or her lifetime. “It’s an honor and its fun to see the new artists that are coming up and doing so good. I always think of art as cultural retention for our tribes,” Glass said. “This is the first time in a long time that I’ve been here. Some friends nominated me and it’s an honor to be selected.” This year’s featured artist was Choctaw Nation citizen Gwen Coleman Lester, who paints and draws Choctaw history, legends and culture. According to the GTIAF, “Lester began her artistic career in the commercial sector and gradually moved to fine art working in colored pencil, charcoal, pastel, watercolor, acrylic, and occasionally oils.” A primary mission of the festival has been to provide scholarships to Native students. Money raised via sponsorships and auctions helps aid that cause. The weekend event included an art market, cultural demonstrations, silent and live auctions, honor dances and Cherokee fiddling. “Today the Greater Tulsa Indian Art Festival is a national premier juried art show, which showcases Native art, cuisine and entertainment. Most importantly, many Native students have been recipients of the Festival’s scholarship program. Scholarships began in the early 1990s,” a GTIAF official said. The art festival is a project of the National Indian Monument and Institute, a national non-profit 501(c)(3) organization.
BY TRAVIS SNELL
Assistant Editor – @cp_tsnell
02/09/2016 08:45 AM
TAHLEQUAH, Okla. – Officials with the Cherokee Nation’s Election Commission are urging CN citizens who want to vote in the 2017 Tribal Council elections to register to vote or ensure that their voter registration information is correct at the Election Commission Office. “The 2017 election year is fast approaching and we would like to encourage the Cherokee citizens who would like to vote in the 2017 Council elections to register to vote,” an EC press release states. “Registered voters of the Cherokee Nation who have had an address or name change should also complete a voter registration form and submit to the Election Commission Office to update your registration information.” According to the release, a registered voter living in the tribe’s jurisdiction who has moved to a new district and wishes to change precincts within his or her district shall re-register for a new district and/or precinct on or before the last business day in March of the election year. In 2017, that day will be Friday, March 31. According to CN law, every resident registered voter shall be registered to vote in the district of his or her residence. Also, a resident registered voter shall have the right to vote only for a Tribal Council candidate of the district in which the voter resides and cannot vote for a candidate of any other district. Tribal Council seats that are up for election next year are districts 2, 4, 5, 7, 9, 10, 11, 15, and one At-Large seat. EC officials said At-Large registered voters should be registered to vote in the At-Large District, unless a voter has elected to remain a voter in a district pursuant to Article VI, Section 3 of the CN Constitution. At-Large voters who move to new at-large address should provide the EC their new addresses for registration and mailing purposes. At-Large voters who move to addresses within a jurisdictional district should reregister within the district of their new addresses. EC officials also stressed that tribal citizenship cards do not automatically register citizens to vote in CN elections and that citizens wanting to vote must register with the EC. According to CN law, one must be 18 years old as of the election day to register to vote. Also, a person must be registered to vote no later than the last business day in March of the election year. Registration and change of address forms are available at the EC Office located at 22116 S. Bald Hill Road or online at <a href="http://www.cherokee.org/election" target="_blank">www.cherokee.org/election</a>. For more information, call 918-458-5899 or toll free at 1-800-353-2895. One can also email <a href="mailto: election-commission@cherokee.org">election-commission@cherokee.org</a> or visit <a href="http://www.cherokee.org/election" target="_blank">www.cherokee.org/election</a>. The EC’s mailing address is P.O. Box 1188 Tahlequah, OK 74465.
BY STAFF REPORTS
02/08/2016 01:30 PM
VIAN, Okla. – Volunteers are needed to help plant river cane at the Sequoyah Wildlife Refuge near Vian from 10 a.m. to 4 p.m., Feb. 19, 22 and 23. The refuge can be reached by taking exit 291 (Gore exit) off I-40. Go approximately one mile south until one sees Red Gate on the right. Volunteers may work one day, two days or all three days. The tribe began a River Cane Initiative in 2010 to preserve, map and perpetuate the growth of river cane in the tribe’s jurisdiction in northeastern Oklahoma. Cherokee Nation administrative liaison Pat Gwin and researcher for the initiative, Roger Cain, have located and cataloged river cane on more than 60 acres of tribal land. However, not much of the river cane found on the 60 acres of tribal land is fit for “traditional art” such as baskets, Cain said, because it has not been taken care of and is attempting to grow under the canopy of trees. River cane once grew 40 feet tall in the area, he said, but now cane growing only approximately 20 feet tall can be found. River cane was the Cherokees’ plastic, Cain said. It was used for shelter, weapons (bows, arrows, knives, blowguns), mats, chairs, food, and supplied material for baskets. Also, research has found river cane riparian zones significantly reduce nutrient loads into area streams, creeks and rivers. This research has implications for the controversial issue of local poultry farmers allegedly polluting the Illinois River with runoff containing poultry waste. Large areas of river cane known as canebrakes were once abundant along river bottoms in the southeastern United States. Canebrakes are now considered critically endangered ecosystems due to agriculture, grazing, fire suppression and urbanization. A 98 percent decline in canebrakes has occurred since Europeans first made contact with Native people in North America about 500 years ago, Cain said. Gwin said canebrakes also would likely lesson the affects of flooding in low-lying areas if they still existed next to streams and rivers in urban areas. For more information, call Gwin at 918-453-5704 or email <a href="mailto: pat-gwin@cherokee.org">pat-gwin@cherokee.org</a>, Sequoyah Wildlife Refuge biologist Dustin Taylor at 918-773-5251 or email <a href="mailto: dustin_taylor@fws.gov">dustin_taylor@fws.gov</a> or call Cain at 918-696-0521 or email <a href="mailto: rivercane@gmail.com">rivercane@gmail.com</a>.