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Credit Card Rates Reach High Of 40.99% As New Law Goes Into Effect: Consumers Turn To Credit Unions.

Michael Wingate was shocked when his CitiBank credit card rate jumped from 4.99 to 40.99 percent. His credit score is over 700. “It’s the highest credit card rate I’ve ever seen.” said Marylin Ball Brown, CEO of Generations Credit Union.

2009-08-19, 227 views, By Credit Union Strategic Planning

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