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Summary of Unfair and Deceptive Practices Credit Cards and Overdraft Practices

May 30, 2008
CreditCardReformShortSummary
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On May 2, 2008 the Federal Reserve Board, the Office of Thrift Supervision and the National Credit Union Administration issued a joint proposed rule (Regulation AA) that would define certain practices in credit cards and in overdraft loan programs as unfair or deceptive.

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