Despite the gloomy predictions of some, the new credit card regulations have not brought an end to civilization.
In fact, annual fees are less common and offers of super-low teaser rates have increased, according to an Associated Press report.
Many experts believed banks would bring back annual fees to recapture revenue lost to the new regs and that teaser rates would disappear.
Of course, we’re only a few months into implementation of the new credit card rules. Banks could get greedy and the credit card atmosphere could take a turn for the worse.