Those two companies announced recently that they would be charging their customers additional fees if they don't carry a balance on their card from month to month or year to year. "Enough is enough. Since credit card companies have proven they can adjust their rates and fees swiftly, there's no reason to delay enacting the necessary changes to protect the consumer ... We have a duty in Congress to protect the American people now and to that end I'm proud that we've decided to enact these regulations sooner." The Expedited CARD Reform for Consumers Act moves up the effective date for a number of crucial measures passed in the Cardholder's Bill of Rights Act to protect consumers from unfair interest rate hikes on existing balances, double-cycle billing and due-date gimmicks. Full Article at All American Patriots