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Consumer Reports Poll Finds Widespread Anger Among Cardholders

Credit card holders across the country are angry at their card issuers and unprecedented numbers of them are voting against their issuers with their wallets, according to a poll from Consumer Reports.

By David Morrison | Updated on October 06, 2009

Credit card holders across the country are angry at their card issuers and unprecedented numbers of them are voting against their issuers with their wallets, according to a poll from Consumer Reports.

The consumer magazine’s national poll of over 1,200 card holders found that 32% have closed a credit card since January 2008 and half shut their card down in response to some action from the issuer such as cutting limits, hiking interest rates or imposing higher fees.

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Consumer Reports Poll Finds Widespread Anger Among Cardholders

Credit card holders across the country are angry at their card issuers and unprecedented numbers of them are voting against their issuers with their wallets, according to a poll from Consumer Reports.

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