That Credit Card Reform Bill Act has not even officially started yet and already it has resulted in more financial destruction than if it had never been implemented. Even when it is implemented, banks can just cancel your card at any time!
If you then go and look for another card the odds are there that the terms will be worse than the card you just had, rendering the entire credit card reform bill act as dead on arrival. Nice Job, government, both congress and the white house.
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