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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: LA Times article Date:  3/18/1998  1:25 PM
Author:  PSUEngineerFool Number:  916 of 312159

There is a third scenario...

3. Credit card companies will eliminate no annual fee cards with the excuse, "We have no choice. People are no longer paying interest, and that's the cost of convenience."

Oops, that scenario is already happening.
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