How is that?
You gotta love this quote: "In debate on the House floor, Rep. Pete Sessions, R-Texas, said the legislation could prompt lenders to restrict credit in an already tight market to compensate for the new requirements. That would choke off credit for consumers relying on it to meet needs in tough economic straits "and small businesses that count on this credit," Sessions said.""
How does stopping predatory credit card practices hurt the credit industry? Hey, if we can't work as a legal loanshark and harass Americans at home and at work then how will we, as an industry, survive? If that's what it takes then they can go blow. It's not an industry this economy needs.