Detailed text transcripts for TV channel - CNN - 20100616:17:20:00
New laws to protect you against credit card -- egregious credit card behavior. and here's what it is. it's the federal reserve saying that they're going to limit most fees to $25. so you cannot get slapped with a $39 fee, and most fees, for example, if you are $5 over the limit, then it has to be an appropriate fee, like $5 for being over the limit $5. it bans inactivity fees. tj, this was really -- we were really shaking our heads on this one, as soon as the new protection laws went into effect, if you didn't use your credit card one month, suddenly you were getting a $19 fee, so even if you ...
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