It's not like this type of feel good legislation actually changes anything with the card issues. They'll just bump interest rates a few fractions of a percent o

It's not like this type of feel good legislation actually changes anything with the card issues. They'll just bump interest rates a few fractions of a percent or tweak one of the other knobs they have to extract rent from merchants. There's some irony in the government pushing legislation limiting a penalty for breaking an agreement, when they have no problem imposing all sorts of high fees if your taxes or parking/speeding tickets are late.