Detailed text transcripts for TV channel - MSNBC - 20100220:15:56:00
They've got to give you 45 days notice if they make changes to your account. that's a good thing, too. you can opt out of the changes. no more credit card issues to kids on college campuses. that's a plus as well. that's going to put a dent in their business. those kids wrack up payments big time. those kids have an average of $3,500 of debt on those cards. >> that said, with these credit card companies losing about $12 billion in revenue, it's going to be coming from someone. and that's got to be the consumer. >> that's exactly right. in anticipation of this legislation, they came out with so...
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