New credit card laws rife with loopholes

[webdevpro]

"The new law requires credit card companies to treat their customers more fairly, and that's clearly a victory for consumers. But even with the new law, there are still many ways you could end up paying more than you should for your charge cards."

http://www.msnbc.msn.com/id/35544006...-consumer_news

[sales]

I think the new laws could only be a good thing and will be mostly sucessfull.

[virtual]

Interesting, these new laws look fairly reasonable.

[+domains]

Yeah this would be a good step, but the credit card companies have made great efforts to do anything they can to charge crazy interest rates and penalties and get as much money before this bill takes effect. Also they are going to accept much less applications.