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To: reaganaut1; All

Credit Card fees will cost you $427 this year even if you use cash.

http://money.cnn.com/2008/07/28/news/credit_card_interchange/index.htm?postversion=2008073117

This needs to change. Those of us not using electronic payments shouldn’t be forced to pay for the “rewards programs” of those that do.


16 posted on 09/02/2008 9:05:43 AM PDT by Between the Lines (I am very cognizant of my fallibility, sinfulness, and other limitations.)
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To: Between the Lines

It’s a false analogy. So the card fees cost $427 a year, but what do they save? The cards are faster and more efficient than checks, so stores, banks, etc... can hire fewer people and save money in that way not to mention not having to deal with bounced checks or waiting for a week for a check to clear.


21 posted on 09/02/2008 9:34:19 AM PDT by elmer fudd (Fukoku kyohei)
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