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U of L expert says credit card companies are playing hardball

Minimum payments on your credit cards are higher, thanks to the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. But finance gurus say this is a good thing because it will get you out of debt sooner. However, there are still other things you should pay attention to if you carry a balance on a credit card. Brad Knoop has the story.

Duration: 1:48

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