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We Need to Reform Credit Card Industry

By Colo. Dem. Rep. Mark Udall - 05/16/06 05:33 AM ET
Credit cards are good things.  They have helped people pay for items they want and need, and that is good for the economy.  But some warning signs signal a need for some changes. That is why I have introduced legislation that takes some simple, common-sense steps to stop abusive practices by credit card companies, educate cardholders, and stiffen the penalties for violations.  I think it deserves to be enacted.

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http://thehill.com/blogs/congress-blog/politics/30536-we-need-to-reform-credit-card-industry

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