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Possible protections for credit card holders

Posted 27 weeks 6 days ago by Philip Brewer

Credit Cards, Consumer Affairs

Credit cards
The Federal Reserve has proposed some new rules to protect people from a list of abusive lending practices. The changes aren't in effect yet, and may not actually go into effect. It's worth looking at the proposals, though, to understand what's been going on just lately. If you haven't been paying attention, you probably have no idea what the credit card companies can legally do to you.

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