New Credit Card Rules take affect:

[theal3]

http://www.msnbc.msn.com/id/32480107/ns/business-personal_finance/

Beginning Aug. 20, credit card issuers will have to give clients at least 21 calendar days to pay monthly bills and will have to warn consumers 45 days in advance of major changes in conditions, under provisions of a law signed in May by President Barack Obama.

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Good news, IMHO

[Brentwood]

I think this is a good first step. I heard about this today listening to NPR radio. It was said (if I heard it correctly) that they did not have to change their unfair increases/charges, but only had to give notification of the increases.