(AFX UK Focus) 2009-01-15 21:55 UPDATE 1-US Democrats seek to reform credit card practices (Interactive Investor)

WASHINGTON, Jan 15 (Reuters) - Democratic U.S. lawmakers said on Thursday they reintroduced credit card legislation aimed at curbing "unfair and deceptive" practices against consumers hit by unexpected rate increases and other fees. The action comes almost one month after the Federal Reserve approved final rules to prohibit a number of highly criticized practices starting next year, but ...

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