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Many consumers are excited about the credit reform implemented in July of this year, primarily because it eliminates many of the unfair practices credit card companies have been using to charge higher interest rates and penalties. Unfortunately, this reform didn’t stop credit card companies from jacking up rates, decreasing credit limits, and changing due dates before the new regulations went effect. Even so, the changes made this year are more significant than any incurred in the credit card industry over the last three decades.

The Reform of 2010

The changes were devised and implemented by the Federal Trade Commission in what is known as the FTC Act, which has been approved by regulators from the National Credit Union Administration and the Federal Reserve. T

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NEW YORK – The new healthcare reform law will make many healthcare organizations’ current business practices and markets irrelevant, according to a new report. The best method of survival may mean working with “unlikely new allies.”

According to PwC’s report, “Health Reform: Prospering in a post-reform world,” published Wednesday, the primary changes from healthcare reform will involve new types of coverage, new fund flows and new regulators. <

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Confused about the health care reform effort? Don’t worry, you’re not alone.

By the time it comes up for a final vote this weekend, the legislation will be twice as long, and half as intelligible, as Tolstoy’s “War and Peace.” And news coverage of health care reform has focused as much, or more, on political wrangling as on the substance of the reforms.

So we’re going to try to describe one aspect of what’s in the health care reform legislation in plain English.

That’s not easy. For one thing, the bill is full of sentences that begin with things like: “For the purposes of subparagraph 6(b) . . . ” For another, health care reform would be the most sweeping change in U.S.

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