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Consumer Affairs

Video — Credit Card Law May Produce Unintended Consequences

New restrictions may also tighten access to credit


May 20, 2009
Congress has approved a new law addressing a number of long-standing credit card industry abuses — the kinds of things that have drawn complaints to ConsumerAffairs.com for years. And while the law will resolve those issues, it could well make credit more difficult to obtain for some consumers, and more expensive for others.

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