NEW YORK ( TheStreet) -- Major provisions of the CARD Act, which was signed into law in May, take effect Feb. 22. However, the credit card industry has changed dramatically since then. Issuers have reacted to a rough economy and the stricter law by finding new ways to increase revenue.Companies have raised interest rates, closed accounts, increased fees and decreased reward programs. The number of people who will be hurt by the new changes outnumber those who benefitted.
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