Lawmakers have touted the credit card reform bill heading to the president's desk as "a victory for every American who holds a credit card." But Donna Rosato, a senior writer at Money Magazine, says consumer behavior is unlikely to change. She cites studies that say the mere act of carrying a card (credit or debit) increases the likelihood that you'll spend more money, pay more for a specific item, and lose track of what you've spent. She also says this new bill will force credit card companies to raise fees and even add annual fees to make a profit. Ms. Rosato joins The Takeaway to talk about the reform bill ? and how you should reform your own habits.
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