Credit Card Companies came before Senate subcommittee hearing to show us that they are accountable to us for their practices which have resulted in massive credit card debt to Americans. Are you feeling the relief yet of your credit card debt? It may be that this chest beating on the part of the Credit Card Industry CEO is all we will get. After all they know that if they let some time pass they can get back to business as usual....which is to make it easier to run up Credit Card Debt.
More on the subject:
Credit-card practices come under scrutiny website link.
By Eileen Ambrose | Sun Reporter
It's amazing what a little congressional attention can do.
Even before the recent Senate subcommittee hearing that explored credit-card industry behavior, two major card issuers announced they were abandoning practices long criticized by consumer advocates.
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