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Comment letter to Federal Reserve requesting that proposed rule set a maximum permissible default or penalty rate for credit cards and include additional borrower protections

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fed_july2008_R-1314_creditcardproposedrule.PDF

Comment on a Federal Reserve
proposal requesting that the Federal Reserve set
a maximum permissible default or penalty rate for credit cards and include
additional borrower protections, eliminate double-cycle billing, eliminate
universal default, forbid unfair payment cut-off times, and add additional
borrower protections.

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