05/17/2009 - Congress is on the verge of passing legislation that would transform the way credit card companies and consumers interact.
It's been a long time coming, consumer advocates say. But relief won't come anytime soon, even if the legislation makes it to President Obama's desk by Memorial Day, as he has requested.
"The change in the law itself will not directly help [consumers] right now, but I do think the environment has changed so much that there will be companies that will do the right thing," said Nick Bourke, manager of the Safe Credit Cards Project for the Pew Charitable Trusts.
Read the full article Toxic Plastic on The Washington Post's Web site.
Pew is no longer active in this line of work, but for more information visit the Safe Credit Cards Project on PewHealth.org.