{"id":12904,"date":"2009-05-20T14:55:40","date_gmt":"2009-05-20T14:55:40","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/dealing_consumers_a_new_hand_in_credit_cards\/"},"modified":"2009-05-20T14:55:40","modified_gmt":"2009-05-20T14:55:40","slug":"dealing_consumers_a_new_hand_in_credit_cards","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=12904","title":{"rendered":"Dealing Consumers a New Hand in Credit Cards"},"content":{"rendered":"<p>At first glance, the sweeping credit card legislation that passed the Senate on Tuesday looks like a huge victory for consumers. The bill, after all, contains relief from penalty fees and certain interest rate spikes.<\/p>\n<p>But for people who pay off their bills each month, and milk the card rewards programs for everything they\u2019re worth, there is some cause for concern.<\/p>\n<p>For months now, the card companies have been threatening to cut rewards programs sharply to make up for revenue lost because of the new restrictions.<\/p>\n<p>My guess, however, is that this talk is just so much saber-rattling.<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2009\/05\/20\/your-money\/20money.html?ref=us\">Read the whole thing<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At first glance, the sweeping credit card legislation that passed the Senate on Tuesday looks like a huge victory for consumers. The bill, after all, contains relief from penalty fees and certain interest rate spikes. But for people who pay<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=12904\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,582,149,114,585,584],"tags":[],"class_list":["post-12904","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-consumerconsumer-spending","category-economy","category-law-legal-issues","category-the-banking-systemsector","category-the-u-s-government"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/12904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12904"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/12904\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}