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Reply to ""good" credit card customer"
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[quote=Anonymous]The industry is changing post-Dodd-Frank and the Credit CARD Act of 2009. Fees were capped and fee harvester cards became less profitable. They still make more money per customer off no-pay-in-full customers, but not so much that it's the entire business model. Things actually are getting better for consumers thanks to the consumer protection legislation passed by Obama. For all the fuss about Obamacare, Dodd-Frank and the CARD Act are having a bigger positive impact right now for middle-class Americans. [/quote]
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