It’s Official Credit Card Protection
But! “regulators would give card issuers until mid-2010 to comply with the rules.”
Just like the government to finally move to take care of an egregious problem but not put protections in place until 18-months later!
New Limits Imposed on Credit Card Companies
This is the reason why the voters always get shafted by those we vote for. It doesn’t matter what party they are from. These rules are coming but not after the big banks, who have Congress, The House, and the President in their pockets to allow them almost two more years of indiscriminate theft.
Makes you wonder doesn’t it? The economy has already collapsed, people are loosing their jobs and are being harassed by collection agencies, etc., but yet these protections, which were needed yesterday!, are going to be put in place in 18-months from now. You know what? Lobbying really works.
