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New Reg Z credit card rule proposed (access required)

By: Kimberly Atkins
Published: March 5, 2010

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WASHINGTON - The Federal Reserve Board has proposed a new rule that would protect credit card customers from unreasonable fees and penalties for late payments, and dissuade card companies from making drastic interest rate hikes. The proposed rule to amend Regulation Z under the Truth in Lending Act is part of the Federal Reserve's implementation of ...
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