Cheap Lawyer fee harvester credit cards in USA

We are still going through the new law for credit cards that comes into effect in Feb 2010 which is very close. Another avenue of insane practice closed to the banks. We like the parts of the new credit card act that protect people from being mauled as they are getting into trouble that dig bigger holes and bury the consumer in debt.


(Sec. 105) Prescribes a standard for the initial issuance of subprime or "fee harvester" cards (accounts requiring first-year fee payments in excess of 25% of the total amount of credit authorized). Prohibits payment of any fee from the credit made available by the card (other than any late fee, over-the-limit fee, or any fee for a payment returned for insufficient funds).

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