A few months ago, Rep. Carolyn B. Maloney introduced the Credit Cardholders' Bill of Rights Act of 2008 (H.R. 5244). The proposed legislation calls for comprehensive credit card reform.
It's about time.

    The bill is aimed at preventing major credit industry abuses while fostering fair competition between card issuers. If you ever have been hit with an unfair late fee, been whacked with a double-digit interest rate increase, or suffered another abuse at the hands of yo ...

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