Posted by: Alex in MyBlog on Dec 09, 2011
The short answer to this question is No. There has been a lot of talk back and forth about having changes to provide more consumer relief after the economic devastation to the working and middle class people, but so for in the Obama administration there has not been any actual changes at this point. There is a great deal of law being on the behalf of banks and credit card companies over the consumers, but as of this point there is no change under the law.