New Credit Card Rules and Regulations - The Good and The Bad
Published 12/24/08 (Modified 3/8/11)
Note: The New Credit Card Rules Do Not Go Into Effect Until July 1, 2010
These days, it seems like whenever there's a good thing going or some attractive opportunity for pecuniary gain or profit, the masses ultimately swarm the offer like locusts until they've completely ruined it for everyone else. This is how I feel about credit cards and the credit card industry. Credit card rewards and interest free balance transfers were once the easiest ways to make some free money on the side, but now that the Feds have enacted the new credit card law, all of that's about to change.