Quote Originally Posted by Bailey Guns View Post
You can thank the CARD act for those nice credit card interest rates.
Our government looking out for us again??

http://www.bankrate.com/finance/cred...ard-act-1.aspx

Over the past year, the Credit Card Accountability, Responsibility and Disclosure Act of 2009, or Credit CARD Act, has rolled out in three major stages. The last batch of reforms recently took effect Aug. 22. Among the numerous new protections for consumers: restrictions on interest rate increases, limits on penalty fees and more time to reject changes in terms.