Hello!
Can any one tell me about- or some good website links- that refer to this new "sweeping" credit card relief law that Obama signed into law?
All I know is-
- it doesn't go into effect until July of 2010- next year.
- I only have heard parts of it- such as- a non- universal default clause.
So if you are behind on a few of your cards with OTHER card companies- they can't raise your int rate or effect YOUR card because of it.
-What is it called?
- Any good links for more info on it?
Will it cause a fever-feeding-frenzy by credit card companies?
What adverse revenge reactions are we likely to expect?
Thanks so much!
artcat20

