4 Ways Consumers Could Take A Hit From New Credit Card Rules

Washington is expected to wrap up work this week on legislation that would curb credit-card practices decried by some as predatory and anti consumer. But the credit-card industry is warning that new rules could backfire on consumers in a number of ways.
One of the ways this can affect consumers is there is going to be less credit for risky borrowers,new ideas for tricky fees and deceptive pricing, Fixed rates may go, Teasers may stay and "plain vanilla cards". I hate these new rules for credit cards. I understand that there have been some irresponsible people with cards....but why does everybody has to pay? Meaning harder to build credit for people who doesn't have any credit..especially younger people and not to mention credit card may add new charges. Yes this article was presented fairly and i would use market watch again because its all about the economy.