Credit Act affects users differently

POSTED: Monday, April 5, 2010 - 5:39pm
UPDATED: Friday, April 13, 2012 - 9:53am

The Credit Act has changed the rules of the banking business.

Be sure to know how they affect you.

One positive, issuers will no longer be able to 'fee-harvest'. This is a card with large up-front fees and low limits. This type of card is geared toward people with bad credit.

To read more about the way credit cards will change: