New credit card rules may reveal unwelcome details

Yahoo! Finance

NOTE from Ryan: It sure sounds like these credit card companies have ALL the cards in their hands, huh?

"The rules your credit card company operates by will start getting much clearer on Thursday. But just because you'll know what they're up to doesn't mean you're going to like what you learn.

Regulations aimed at reining in practices like unexpected interest rate increases and credit limit cuts start with two rules. Consumers will now be given advance warning of any major changes to the terms of their accounts, and get more time to pay their balance after receiving a bill."