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New Credit Card Rules on CNN - Check Out a CU for Low Rates

CNN's Gerri Willis outlines some of the changes in the Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009. Consumers have alternatives to paying higher bank fees on their credit cards, Willis said, including credit unions. "You can go to credit unions, which are less likely to charge fees and penalties on credit card accounts than banks do," she said.

Uploaded on Feb 23, 2010

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