UK: The Most Evil And Disturbing Card Trick
Cliff D'Arcy writes for Motley Fool UK about how some card issuers, notably MBNA, have introduced a new approach to reducing the minimum payment amount due on outstanding balances - which he calls "the most evil and disturbing card trick that I've ever seen in almost two decades in financial services." Credit card issuers in the US were recently nudged to address the minimum payment amount due issue by federal regulators.
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