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Big credit-card shake-up could hit you in the pocket (Independent)

November 1, 2009 by admin · Leave a Comment 

The world of credit and store cards is heading for a massive shake-up. The Government wants to call time on much-criticised practices such as lenders raising credit limits without being asked by customers; taking only tiny minimum monthly repayments; and arranging it so that the most expensive debt gets paid off last. These seem like much overdue reforms and a win-win situation for consumers …

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