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I only have two credit cards, which I pay off at the end of the month. Before the laws affecting the credit industry were passed, I received notices from both companies that the rates were being raised from around 16% to 25%. Of course they offered the option of not accepting the terms, in which case my accounts would be canceled. The credit is a convenience, so I still use them but I'm more determined than ever to pay them off at the end of the month.
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Marv Evans
'69 911E
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