New Credit Card Laws

Evening, I ran across this video and wanted to share it with you regarding the new credit card reform. The host is Susie and she really gets fired up about what these company's are doing to everyone with a credit card. My advice is to watch out these compaines know they are now going to lose or are they?



No they are not !! Now watch this video and you will learn how these companies have already found a loop hole to beat the new laws. Yes, they are already raising the rates and doing it a different way which the new laws co not protect you on.



With this now in mind you must ask yourself , Are these new laws really going to protect me from the credit card companies ? Yes and No, In fact the only real protection you will get is in the billing and notifications by the issuing card company. As far as the rates are concerned, due to the way they are adjusting to a adjustable rate, similar to a mortgage, they can still keep your rates on the high side. In my opinion our legislators still have not fixed the problem. Would you not agree! This calls for more credit card reform so dont waste your time write your congressional representatives and voice your concerns NOW !!!!!