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May 11, 2007, Newsletter Issue #64: Avoid credit card offers that charge fees upfront


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Tip of the Week

Unless you are trying to rebuild a poor credit score, there's no reason to accept a credit card offer that requires you to pay an upfront fee. Watch out for credit cards that ask you for a deposit fee or a security fee. Although these fees have their place, the best credit card deals will allow you to open an account for free.



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