Photo: #Approximately 8 percent of U.S. households owe $9,000 or more on their credit cards.
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Approximately 8 percent of U.S. households owe $9,000 or more on their credit cards. (Photo by Jeff J Mitchell / Getty Images)

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Will consumers have more rights on credit cards?


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The House has passed a credit reform bill that would crack down on lending practices that some claim are unfair to consumers. But the banking industry says the bill could reduce the availability of consumer credit.

Guests

  • Keith Ellison: DFL, U.S. Representative in Minnesota's 5th Congressional District.
  • Adam Levin: Chairman and co-founder of Credit.com. He is a former director of the New Jersey Division of Consumer Affairs.
  • Robert Hammer: Chairman and CEO of R.K. Hammer, a bank card advisory firm.

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