"but it seems like the credit card companies also should have some involvement..." If we want that, we need laws to make it happen. It seems a lot of people wa

"but it seems like the credit card companies also should have some involvement..." If we want that, we need laws to make it happen. It seems a lot of people want companies to act in certain ways out of the goodness of their heart, when what we need are good laws that support consumers. Back before credit card reform under Obama, credit card companies were among the most aggressive actors when it came to late charges and fees and just generally ruining people's lives. They still would be, except now there is a law.