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Plan for Credit Card Forgiveness Stumbles  
Old 11-13-2008, 02:30 PM   #1
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The Associated Press is reporting that the Office of the Comptroller of the Currency, the agency with regulatory control over national banks, does not favor the bank plan to forgive up to 40 percent of credit card balances owed by certain borrowers. The reason for the OCC’s position is that the banks are seeking [...]

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