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: The BK Blawg

Proposed Federal Reserve Regulations Would Restrict Arbitrary Practices of Credit Card Issuers

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The Federal Reserve Bank has issued proposed rules that will place extensive limits on common practices of credit card issuers. In a news release dated May 2, 2008, the Federal Reserve proposes rules whereby: Banks would be prohibited from increasing the rate on a pre-existing credit ...

Full post as published by The BK Blawg on May 03, 2008 (boomark / email).

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