Feb 22 2010
New Credit Card Rules

Banks cannot raise interest

grace period at least 21 days

3 weeks before statement is due

disclosure the bank is required

reduces the amount of money banks can make on cards

higher fees, rates, etc..

The best way is to have self dicipline

The average family has 9 credit cards.

Is it possible to survive with

Pay off your balance every month!

Credit card applications are sent to many

you can go online and put your info and you will not get the applications

Obama had passed the law back in May 2009.

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