A national research firm says a recent survey of low and middle income consumers indicates the 2009 Credit Card Accountability Responsibility and Disclosure Act is helping consumers reduce their credit card debt load.

The national research firm DEMOS said one third of households surveyed reported they are responding to new information included on credit card statements by paying their balances down faster. The new information told consumers how long it would take to pay down a credit card balance if all they made were minimum payments.

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