A New Era for Credit Cards

Publication: The White House blog

05/22/2009 - Credit card fine print, fees and staggering interest rate hikes are an issue for many Americans. For some, it is an irritation, for others, who may have already hit a rough patch, it can become a brutal weight.

But as the legislation President Obama signed May 22 goes into effect, those problems will phase out as normal parts of life for our friends, our neighbors, our families or ourselves.

Read the White House's blog posting and view a video of the signing ceremony on the White House'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Pew is no longer active in this line of work, but for more information visit the Safe Credit Cards Project on PewHealth.org.

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