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Posts Tagged ‘penalties’

FIGHTING BACK: Congressman Hinchey Introduces Bill to Cap Interest Rates

Hi All, Below is an interesting piece of proposed anti-usury legislation that you might want to contact your representatives about. It would override the rate abuses that have been made possible by the National Bank Act, that allowed credit card issuers to circumvent state anti-usury laws by locating in states that have anti-consumer laws like […]