Payday Pundit » credit card reform http://paydaypundit.org News and Information About The Payday Lending Industry Tue, 22 Jun 2010 01:32:09 +0000 http://wordpress.org/?v=2.9 en hourly 1 When efforts to regulate hurt consumers http://paydaypundit.org/2009/08/27/when-efforts-to-regulate-hurt-consumers/ http://paydaypundit.org/2009/08/27/when-efforts-to-regulate-hurt-consumers/#comments Thu, 27 Aug 2009 13:59:59 +0000 Payday Pundit http://paydaypundit.org/?p=4823 The Examiner discusses the unintended consequenses of credit card reform…

New rules signed into law will affect credit card companies, eliminating some practices which used to be legal. The legislation was signed May but does not go into effect until July, 2010. This gives credit card companies a great deal of time to stick it to you, and they are not delaying – they are doing it now.

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