How will this affect you and your spending?
New Credit Card Rules Sweep the U.S.
As part of our special series, "Where America Stands,"CBS News business correspondent Anthony Mason takes a look at how America's economy is driven by credit card spending.
Americans have lowered their credit card debt by more than eight percent this year.
At the same time, banks have cut back on credit card offers as delinquency rates have soared during this recession.
The full video, later tonight.