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New Credit Card Regulations? No Reason to Rejoice.


I was excited to hear about the Credit Card Accountability Responsibility and Disclosure Act of 2009. I thought it would finally give people trying to reduce debt, a real chance at making headway.

Silly optimistic me.

NBC reports new ways credit card companies can sneakily get around the rules and find ways to make paying off debt more difficult.

It’s up to us to keep up with the game.

Read the article here: http://www.nbclosangeles.com/news/business/ConsumerMan__Have_a_credit_card__Read_this-85107382.html