Got Debt? Who doesn’t these days… Democrats on the Hill are gearing up to take on the credit card companies and their “abusive practices that trap borrowers in an endless debt cycle.” As the economy sinks even lower due to the housing market slump, consumers are trapped in a vicious cycle with debt. Adding to the woes of consumers, credit companies often raise interest rates on cards, not because the cardholder has defaulted on their agreement with the card company but...




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