Topic: Oz Shy
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The New Economy
Credit card fees: Would capping them really help consumers?
Credit card fees and rewards programs help the rich and hurt the poor, according to a recent report. But experts disagree whether a cap on fees would solve the disparity.
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Credit card fees make the rich richer, study finds
Credit card fees and rewards programs exacerbate income inequality by acting as a transfer of wealth from poor to rich, according to a Federal Reserve Bank of Boston study released Monday.








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