Banks, lenders abusing tough new credit card laws

In Australia, from the first of July, unsolicited offers to lift your credit limit will be banned but, in the lead up, banks and finance companies have ramped up efforts to dole out debt, with some devastating consequences.

Sourced from the Australian ABC’s 7.30 program: http://www.abc.net.au/7.30/content/2012/s3523712.htm