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Credit Card Has Eyebrow-Raising 79.9 Percent Interest Rate - Local News | News Articles | National News | US News - FOXNews.com: "The bloated APR is how First Premier Bank, a subprime credit card issuer, is skirting new regulations intended to curb abusive practices in the industry. It's a strategy other subprime card issuers could start adopting to get around the new rules."
What? Another law with unintended consequences that doesn't do what it was supposed to do? No way!
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