Thursday, January 12, 2006
Credit Card Fees
The Wall Street Journal, 12 January 2006Perhaps Dustin Hoffman's rich adviser had it right when he pronounced in "The Graduate" that the future is in "plastics." Last year the credit card industry handled more than $2 trillion in consumer transactions and gobbled up nearly $30 billion in fees, according to the Nilson Report newsletter on the credit card industry. These fees are now the source of
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