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Old 03-18-2009, 04:16 AM
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Post Government to tackle unsolicited hikes in credit card limits

Credit card providers may be prevented from making unsolicited increases to spending limits on their customers’ accounts.In efforts to curb the mountain of personal debt in the UK, the Government is proposing new legislation that will end the practice of providers making ad hoc increases in credit limits.Speaking to the BBC, consumer Affairs Minister, Gareth [...]

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