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  • The Associated Press: Banks keep hiking rates as credit card law loomsmore of that hopey changey thing gone bad. tags: obama, finance, areyousorryyet?
    • 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.

Posted from Diigo. The rest of my favorite links are here.

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