Credit Card Companies Likely to Change Policies in Response to Finance Reform
Ending a two-year debate on financial reform, President Obama signed an 800-page bill in late July 2010 to reign in banks from risky trading, perilous home lending practices, and other “speculative trades.” As a result, Federal and state regulators have tighter oversight that may spark a reactive change in lending policies.
The law’s provisions include:
Legal Maximum [...]


