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    • Congress, candidates call credit card companies on the carpet

      Posted by VincebusEruptum from Scholarsandrogues

      Just in time for the holiday season, the 110th Congress has renewed its push for credit card companies and lenders to clean up their act. Michigan Democrat Carl Levin, who sits on the Senate’s Homeland Security and Gov’t Affairs Committee, is chairing a hearing today on unfair credit card interest rate hikes, featuring three financial industry bigwigs against three undoubtedly angry consumers...

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