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The Federal Reserve has slashed its benchmark rate to 1%, yet many people are getting hit with higher rates and fees on their credit cards. Normally, when the Fed cuts rates, credit-card issuers follow suit, resulting in lower monthly payments for ...

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Credit-Card Users Face Higher Fees, Rates - Wall Street Journal

AUSTIN, Texas--( BUSINESS WIRE )--Sharp increases for select American Express cards shot overall credit card annual percentage rates higher this week, according to the CreditCards.com Weekly Credit Card Rate Report. Of the nine credit card categories ...

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CreditCards.com: Weekly Credit Card Rate Report - Businesswire.com

It's time to go on a debt diet. Carrying around a few thousand dollars in credit-card balances may have seemed perfectly acceptable a few months ago. But in this financial crisis, it can be downright dangerous to your financial health. Credit-card ...

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The Debt Diet: Ways to Trim Unsightly Bills - Wall Street Journal

CLEVELAND -- A local family has to pay thousands, after their teenage son racked up huge debt without his parents knowing he had a credit card. His mother wants parents everywhere to know that she feels her son was lured in by a credit card offer ...

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Mom Says Teen Racked Up $7,000 On Own Credit Card - NewsNet 5

One in five under-16s is defrauding their parents by using their credit cards to buy goods worth nearly £200m a year, says CPP group, a life assistance company. More than one million kids regularly use their parents' cards and online accounts ...

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Teens cost parents £200ma year in online fraud - Computer Weekly

Requires Internet Explorer WASHINGTON - Federal bank regulators have rejected a request by banks and consumer advocates for a program to let lenders forgive huge portions of credit card debt. The Office of the Comptroller of the Currency rejected the ...

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Feds nix credit card forgiveness - Raleigh News & Observer

NORFOLK – Buyer beware.  A popular Website ad where you can get your credit report comes with strings attached. College student and 13News intern Melissa Arbogast thought free meant free when she accessed Free Credit Report Website to see her ...

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Getting your free credit report isn't always free - WVEC

WASHINGTON (AP) — Federal bank regulators have rejected a request by banks and consumer advocates for a program to let lenders forgive huge portions of credit card debt. The Office of the Comptroller of the Currency rejected the request for a ...

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Regulators reject credit card debt forgiveness plan - Globe Gazette

Gordon Brown has demanded that credit and store cards slash interest rates, calling this week for a "new responsible approach" to lending. He wants to "bring the credit-card industry in to talk" while his officials dubbed its members "irresponsible ...

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Card issuers defy Brown's restraint plea - Guardian Unlimited

Thursday, November 13, 2008 The Office of the Comptroller of the Currency turned down a special program that would allow as much as 40 percent of credit card debt to be forgiven for consumers who don't qualify for existing repayment plans. An unusual ...

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