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Cardmember Agreement CardMember Services Home  Form

Cardmember Agreement CardMember Services Home Form

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tonight on front line for 30 years Americans have played a game with the banks for the banks holding all the cards changing the terms raising interest rates changing the rules of the game consumers use plastic for 100 000 transactions a minute has produced billions in profits and nearly a trillion dollars in debt Americans simply cannot pay back the level of debt that has grown over the last 30 years and the credit card industry even played a hand in the economic meltdown we had consumers refinancing their homes to pay off all their credit cards apply now and then they went back out and filled their credit cards back up now as credit card losses are piling up the government is stepping in we need to fix the rules make them tougher with a simple clear single mission to protect consumers why hasn't there been credit card legislation to control some of these abusive practices why did it take a near depression lobbying power tonight on front line correspondent Lowell Bergman and th

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