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Bankruptcy

: The Debt Podcast

Citigroup Breaks Promises and Raises Credit Card Rates

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According to a recent article in The Huffington Post, Citigroup has gone back on its word to Congress that if its customers didn’t breach their credit card agreement it wouldn’t raise its interest rate. When Congress was considering imposition of new rules on credit card companies in 2007 because of perceived abuses in their practices, Citigroup [...]

Full post as published by The Debt Podcast on January 17, 2009 (boomark / email).

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