Frugal Living Tips & Debt Relief



Sep 02 2009

New Credit Card Laws

The Credit Card Reform Act of 2009 has been signed into law.

We are entering a new era for managing credit. The new credit card laws will soon be fully in effect and will change the way credit card companies deal with consumers.

The new law provides some of the most far reaching changes to the credit card industry that have been passed in decades. The new law will fundamentally change the way credit card companies market, bill and advertise credit cards.

According to credit industry analysts, credit cards will become more costly to use and probably inaccessible to low income families.

The big question however is: How will the new credit card laws affect consumers?

Here are some of the highlights of: What You Need To Know About The New Credit Card Laws



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