Credit Cards Fees: Banks Implement New Fees, Higher Rates Ahead Of New Laws

03/18/2010 05:12 am ET | Updated May 25, 2011
  • DAVID MUIR and SADIE BASS ABC News

Consumer advocates say the race is on, as banks and credit card companies look for ways to make up the estimated $50 billion they're about to lose when new credit card rules take effect.

But now, in many cases, those advocates say, the banks are targeting consumers' credit cards to make up their losses.

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