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"Okay, I'm rambling here, and while I hate the thought of more government regulation and interference, I have to wonder if sometimes things just aren't screwed up."

We're used to your musings Tony!

I too, hate the thought of more rules from Uncle Sam, but I think the credit card area is one where a lot of rules are needed.

For one thing- there has to be a rule on the rates following the introductory rate and the DURATION of the introductory rate being CONSPICUOUSLY listed in bold and large type, on the front of the letter, not in a small box in tiny print in the corner.

A lot of companies offer 4.9% promminently on the front of the envelope and on the front of the letter, and then BURY in fine print under "Oher terms" on the back in 8 point type the fact that this wonderful rate is only good until October 1998. MBNA is one bank that I received a communication like this from lately. I find this practice a little deceptive.

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