From FoxBusiness: Credit Card Fees Rising? Consumer ‘Protection’ Act May Be to Blame.
As the article points out, some “consumer protections” have unintended consequences that end up harming, whether than helping, consumers.
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Sadly, most laws intended to help consumers, just end up making their lives worse.
Note to Congress: Let the free market decide.
“Let the free market decide” is a great concept that works with everyone but the very ones that were elected to represent the best interest of the citizens who elected them.