The Associated Press: Banks keep hiking rates as credit card ...
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Saved by 2 people (0 private), first by anonymouse user on 2009-07-01
- Lexingtonlaw on 2009-07-02 - Tags no_tag
- Mydomesticchurch on 2009-07-01 - Tags obama , finance , areyousorryyet?
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The credit card reform bill signed by President Obama in May restricts the changes banks can make on certain fees and charges. Still, since its passage, consumers have also been hit with higher minimum payment requirements, decreased rewards points values, higher penalty fees for things like over-limit purchases and late payments, and higher fees for things like cash advances.
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