Credit Card Nation, Preview

New credit card regulations and feesin effect today.

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.

  • Anthony Mason

    CBS News senior business and economics correspondent; Co-host, "CBS This Morning: Saturday"



Follow Us

Watch CBSN Live

Watch CBS News anytime, anywhere with the new 24/7 digital news network. Stream CBSN live or on demand for FREE on your TV, computer, tablet, or smartphone.

Watch Now

On Twitter

New Android App

For your Android phone and tablet, download the FREE redesigned app, featuring CBSN, live 24/7 news.