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Attempt to freeze credit card rates, fees killed (access required)

by Staff Writer

Published: November 19,2009

Time posted: 11:56 am

Tags: Credit Card Act

Senate Republicans killed an attempt yesterday to freeze credit card rates and fees until stricter regulations take effect in February. Colorado Democratic Sen. Mark Udall, a sponsor of the bill, said the last thing families need are higher interest rates and extra fees, but Republican Sen. Thad Cochran from Mississippi objected on behalf of fellow Republicans, ...





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