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Taking Control Of Your Credit BLOG
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New Credit Card Legislation Soon
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Impacts Your Checking Account!
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We hope you are aware of the new credit card legislation that went into effect March 1, 2010. These laws are being added to protect consumers and limit the banks and credit card companies’ profitability with fees and other charges. One practice ending with these new laws is unauthorized overdraft “protection” for consumers and their checking accounts. This is a huge victory for the consumer – especially consumers’ pockets! Be sure to read the rest of this blog to learn more about the ins and outs of this change.
