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Credit Cards Remain Unprofitable At Bank of America

Despite significant increases in credit card interest rates and fees during 2009, Bank of America reported today that credit cards continue to be a significant source of losses for the bank.  During...

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Consumer Federation of America Asks Regulators to Address RALs

The Consumer Federation of America (CFA) is a watchdog group that is pursuing those businesses offering refund anticipation loans. The consumer group has been “mystery shopping” and has uncovered many...

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