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minimum credit card repayment to double

Published: 28/10/2009

The Daily Telegraph (Main)

The minimum amount that credit card holders must repay every month will more than double under a government shake-up of consumer laws.
 
Andrew Hagger of Moneynet.co.uk, the personal finance website said: “The stark reality is that people are being crippled financially while to card providers they represent the ‘ideal customer’ and an opportunity to extract maximum profit.”

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