2 May 2008

Regulators target credit-card shenanigans

SOURCE:  http://redtape.msnbc.com/

Federal regulators are taking a stab at reining in "unfair and deceptive" bank tactics.
Three federal agencies have issued a proposed rule that would ban consumer-unfriendly
credit card issuer practices like double-cycle billing and unfair interest rate hikes.
Some unpopular bank overdraft fee policies would also be banned...MORE

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