This post is the final part of a four-part series on credit card reform.
In the three previous posts, I discussed the possible affect of the credit card reform bill that was passed by the US Senate earlier this month. The bottom line for consumers and small businesses is that this new legislation will probably not have the desired affect its supporters had hoped for, and it may even lead to some negative consequences, such as smaller credit limits, higher fees, and less credit availability.
In response, many consumers and small businesses in search of credit will turn to credit card alternatives. Some will make this switch by choice, while others will do so because they have no choice.
Whichever category you or your small business falls into, you might as well familiarize yourself with some of the more popular credit card replacement options:
The Credit Card Reform Bill: Expect Many to Try Credit Card Alternatives
Posted by kimmendrez under FinanceFrom http://www.fastupfront.com 5645 days ago
Made Hot by: on June 5, 2009 6:23 pm
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