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Video: Big changes coming to bad-credit credit cards

The new credit card law — much of which takes effect on Feb. 22 — has provisions that protect people with bad credit. Specifically, the law limits fees on subprime credit cards. The law does not, however, cap interest rates, which can reach 80 percent or higher. What other changes will the law bring for those with poor credit? Check out the video below.

And for even more on credit card reform, check out our special section.

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Video: 5 smart moves to make before Feb. 22

Sweeping new credit card laws arrive on Feb. 22, 2010. But before that day, you might want to make one of these smart credit moves.

Published: February 15, 2010

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Credit Card Rate Report Updated: August 14th, 2019
Business
15.55%
Airline
17.50%
Cash Back
17.63%
Reward
17.50%
Student
17.69%

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