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California: Required Balance Payoff

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  • California: Required Balance Payoff

    Does anyone know of a resource where I can find information on a supposed new law in California that requires all credit card companies to disclose on a statement, how long it will take to payoff a balance when paying only with minimum payment? Thanks a bunch!

  • #2
    I have not heard of that law, but try the state of California website and click on the legislature, then locate the pending legislation section.

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