Detailed text transcripts for TV channel - CNN - 20100327:12:53:00
On it. the fed limited folks the fees that the merchants are allowed to charge on the cards. after a year, if you havent used the card yet, you can be fined, but just one time per month. they also have to put out clear, clear disclosure on what the fees are, what all the terms and conditions are and also your card will not expire for five years. its great news for consumers. >> well, its mixed news, isnt it? youre saying the recipient could be charged a fee? >> you always are charged a fee, if y...
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