Cycle Billing News Today

Holiday you might miss it inadvertently and no double cycle billing, very big deal for people out there facing two bills in just one month. so, what else are you going to watch out for? guess what, credit card issuers say theyre going to lose about $50 billion because of this legislation. and, guess what, theyre going to recoup it. theres no restrictions on fees. well get new fees out there. already were seeing major credit card issuers testing annual fees in the marketplace to see just how much...

Morning, no bell to mark the opening, because its closed today for presidents day. new rules for credit card companies take affect one week from today. are you ready? gerri willis is joining us from york. what do we need to know? >> here is what to expect next monday when the bell goes into effect. you will get your bill the same time each months, and there is no midday cut off on paying your bill, so you dont have to send it in having it there by 10:00 a.m. or noon, and no double cycle billing....