Monday, March 23, 2009
The credit card mess - By Roger Hedgecock
The American consumer was the driving wheel of the economy for the last three decades. Fueled by rising real estate prices, lower taxes and the tech boom, jobs were plentiful, credit was available at record low rates and relaxed terms and the livin' was easy. Well, not any more. New regs on credit card companies don't take affect until 7/1/10.
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