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Personal Finance Archives for July 7, 2005

Business owners urged on disaster plans
Jul 7 2005 4:25PM (CT)
NEW YORK (AP) - With the Atlantic hurricane season under way, many small business owners in the paths of tropical storms will undoubtedly find themselves coping with serious damage that can shut their companies down.
 
Credit cards are raising minimum payments
Jul 7 2005 5:36AM (CT)
NEW YORK (AP) - Don't be surprised if the minimum payment on your credit card suddenly goes up. Under pressure from federal regulators, credit card issuers are raising the minimum payments consumers must make on their monthly bills. In the long run, it's good for consumers because it means they'll pay down their balances faster, so they'll pay less in interest. But in the short run, consumers already struggling to keep up with minimum payments on several cards could feel squeezed.
 
   

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