Joan Goldwasser, senior reporter for Kiplinger's Personal Finance Magazine, talked about the new credit card rules which go into effect in February 2010. She talked about what that means for the consumer as well as the lender. She also responded to telephone calls and electronic communications.

Josh Frank, senior researcher for the Center for Responsible Lending, talked by telephone on why the new rules are needed especially as a curb towards improper lending practices by the industry. He talked about what exactly this means for the consumer such as more honest and upfront pricing, better understanding of the terms, and knowing what they are getting when they sign up for a new card.

Todd Zywicki, professor at George Mason University School of Law, talked by telephone on the impact of the new rules upon the banking industry. He said the new rules minimally help the consumer while greatly affecting lenders. He talked about the limited access to credit by the consumer as a result of higher interest rates and annual fees and the result on the overall economy.