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Detailed text transcripts for TV channel - CNN - 20100215:12:21:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100215:12:21:00

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 they're going to lose about $50 billion because of this legislation. and, guess what, they're going to recoup it. there's no restrictions on fees. we'll get new fees out there. already we're seeing major credit card issuers testing annual fees in the marketplace to see just how much they can charge. that's going to be a big deal. what does that mean? you've got to read the ma...

Detailed text transcripts for TV channel - CNN - 20100215:14:31:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100215:14:31:00

Morning, no bell to mark the opening, because it's 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 don't have to send it in having it there by 10:00 a.m. or noon, and no double cycle billing. some of the tricks and tips that credit card companies use to get us to miss our bill, those wil...