!! OMG, they're changing: Credit cards !!
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According to this article in The New York Times, many credit card companies are going to start charging interest immediately after a purchase is made instead of giving you the currently-standard 30-day grace period. What you get in return? The same worthless, constantly devaluing air miles you have been receiving for free until now.
I think we may soon see a spike in debit card use among responsible consumers.
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posted by Frank on Tuesday, May 19, 2009
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