Credit Card Reform In Action

Here’s an interesting video clip regarding the new credit card regulations by the infamous animator, Mark Fiore.  As many of us know, the dreaded CCARD Act will soon be giving credit card issuers another reason to implement new fee rules left and right to compensate for the loss. 

Here’s a great illustration of what’s to come:

The Center for Responsible Lending has already released a report  regarding already noticeable trends in the increase of fee charges.  Here’s a quick chart that was displayed in the report titled:  “Dodging Reform: As Some Credit Card Abuses Are Outlawed, New Ones Proliferate”

What will you be doing to avoid the increased fee action in the credit card world?