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Interesting Facts
Gamers are having a harder time shifting debt to take advantage of balance transfer offers. Balance transfer fees have risen from 3% to 4 or 5%. Additionally, caps on balance transfer fees that used to be as low as $50 are being eliminated altogether.
Garnishments for private debts are not legal in all states. Debt collectors that threaten to garnish wages may be in violation of the Fair Debt Collection Practices Act.
