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Jul 03 2009

Americans Under Squeeze: Higher Credit Card Rates, Taxes Have "Devastating" Effect

Posted by: yahootechticker in Yahoo Tech Ticker

Citigroup this week joined Bank of America and JPMorgan in sharply raising fees on credit cards for late payments, balance transfers and the like.The banks appear to be trying to raise rates before new consumer-protection rules go into effect. They’re als

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