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How Financial Reform Will Affect You

Yesterday, the Quizzle Wire reported that credit card companies are finding ways to get around some new laws passed to protect consumers from unfair credit card practices. These alternative routes were put in place to counteract congressional moves like the CARD Act, which gives consumers protection against unexpected interest rate increases, over-limit fees and major changes to credit card terms, and a new bill passed in the House of Representatives today that will overhaul the nation’s financial regulatory system.

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