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Bank of America spells out credit-card terms (Richmond Times-Dispatch)
November 30, 2009 by admin · Leave a Comment
Bank of America is sending its credit-card customers a one-page letter with a simple explanation of the interest rates and fees they’re being charged starting yesterday. While not mandated by the federal credit-card reforms to take effect in February, Bank of America’s letter reflects the new law’s aim at making policies easier for consumers to understand.
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Bank of America spells out credit-card terms (Richmond Times-Dispatch)