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Old July 25th, 2005, 09:26 PM
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Default OT: Credit Card Rates To Double!

Some radio adds have been point this out for a few days now. None of the banks or credit unions have posted any info about it nor do they seem to know. I did some checking and discovered that the Controller of the Currency, is mandating a 100% increase in the minimum payment on credit cards by the end of the year. This is big news if you have large out standing balances on CC's.

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