Wednesday, May 20, 2009
The credit card bill went through Congress today and should get to the president's desk shortly. It would make it more difficult for credit card issuers to raise fees and interest rates. Additionally, I think it should cover how credit cards are marketed as college students and others can get sucked into applying for credit cards very easily. Once I signed up for a credit card to get a free giveaway and they opened up an account for me with a magazine subscription which I did not want.