The Consumer Financial Protection Bureau is on the process of developing a new, simplified, credit card form that is designed for consumers to easily be able to analyze credit card offers and their terms.
For any of you who have tried to read your credit card agreement, it’s almost impossible. There are pages and pages of documents and the terms are confusing and lengthy. Here’s information on the new changes they suggest from this article on The Huffington Post.
Here is an example of what the form looks like.