Summary
The bulk of sweeping new credit card regulations won't take effect until February, and many card issuers are already raising interest rates and slashing credit lines.
So what will happen after the new rules take effect?See the full content of this document
Extract
Credit Card Pitfalls Possible for Users Even After New Rules
Although the rules will prohibit certain practices related to interest rates and fees, there's still room for issuers to fudge in other areas, some credit experts say.
"They're going to find loopholes in the legislation," said Curtis Arnold, founder...See the full content of this document
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