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High Credit Card Default Rates

by Bill Hardekopf, CEO of LowCards.com A look at the default statistics released by credit card issuers helps explain why consumers are seeing interest rate hikes and decreases in their credit limits. Bank of America, the largest bank in the country,...

Posted Jul 27 2009, 10:02 AM by PamH with | with no comments

Filed under: Credit Card Debt, Credit Card Default Rates, Interest Rate Hikes, Credit Limits

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