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Old 10-14-2005, 06:38 AM
CRFSaver CRFSaver is offline
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Default Re: Credit Card Minimum payment question

The Fed and OCC are forcing credit card companies to increase their minimum payments. The CC companies would be more then happy to keep you paying minimal balances over the next 40 years.

As for Bankruptcy, do it before October 17th before the new law goes into affect. You would be required to go into reorg for 5 years before you can charge off your balances.
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