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Penalties Make Up HALF of Credit Card Industry Profits
The Christian Science Monitor recently published an article that digs very deep into the less-than-ethical practices of the credit card industry.
Aside from mentioning the standard practice of changing interest rates for no reason at all, the author also makes the startling revelation that penalties make up half of the revenue of credit card companies.
For more information, follow the link below.
http://www.csmonitor.com/2008/0813/p09s01-coop.html
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