I'm loving the new rules! Too bad the banks had time to fuck over their customers before it went to effect. Last November my APR went up for every credit card I owned. The card I owned the longest jumped from 9% ARP to 29.99% unless I decided to cancel my card *shakes head*. Shit pissed me off because I have never made a late payment. Plus, canceling the card is bullshit because that would hurt my credit score.

Since I'm in school and fully funded, I decided to take out a small student load for the amount of my bills. That dropped my interest rates down from damn near 30% to I believe 6%. So when I make monthly payments, majority of my payment is now going to principle rather than interest like it was before. Plus, the loan is actually helping my credit score. So if you're in debit and in school, I would suggest looking into paying your debit that way.

It's funny when the government tries to "punish" the banks, we, the people, feels the repercussions. Shit is fucking ridiculous!!! They been screwing over people for decades. When the government is finally stepping up to help the people, they crank the "screw overs" up 100 notches before they start to get regulated. I'm starting to realize that banks are basically untouchable. Everything that they view as punishment will just be force down onto the people that are in debit to them. *shakes head*