Here are some ways that the credit card companies are now trying to earn more from us the consumer

Rate Hikes- There is no law that caps interest rates. With late payments and any other consumer infraction be prepared to see rates escalate.

New Fees- Looks like there will be application fees, inactivity fees, and other nuissance fees.

Higher Monthly Minimum Payments- the numnber was 2% of what was owed it will now be around the 5% figure, which will gauge the cardholders pocket.

Reward Points/Miles/ you will see many of these programs start to disappear over the next few months.

Credit Limits Slashed- Card Limits will be reduced dramatically.

Remember cardholders- you are not married to your creditor, Settle your Debt SYD style