Reforming the credit card industry

    In these difficult economic times, more and more consumers are depending on their credit cards to cover the costs of everyday life. The Obama administration, congress and the Federal Reserve are all calling on the financial industry to change the way they do business when it comes to credit cards. We talk with NICK BOURKE of the Pew Charitable Trust’s Safe Credit Cards Project and PATRICIA HASSON of the Consumer Credit Counseling Service of Delaware Valley. Listen to the mp3

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