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Credit cards
by
Prof. T. Sirish Chandra
on Jul 02, 2005 10:18 PM
RBI should insist the credit card companies to reduce the interest on credit to 2%. The interest collected as service charges is 3% to 3.1% pm. which is very high. It is almost like a private money lender.
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The above message is part of the Discussion Board:
Relief for credit card users