New Credit Card Laws May Help Consumers
If you are thinking that these new credit card laws are the answer to your prayers for finding a solution to credit card debt, you may not be thinking about the big picture. It sounds wonderful that they are giving you the option to close your account if the terms of service are changed but, how likely are you to go without a credit card? Credit card debt statistics show that the dependency Americans have on credit cards has only grown—and a change in interest rate just might not be enough to make you break things off with your MasterCard.
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