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GE Capital agrees to CareCredit rules

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State officials have reached a settlement agreement with GE Capital Retail Bank that implements new protections for consumers using CareCredit, a health care credit card that can carry an interest rate of more than 26 percent. The agreement requires CareCredit — a subsidiary of GE Capital — to wait three days before charging transactions valued at more than $1,000. The waiting period is aimed at giving consumers an opportunity to consider the card’s terms and ...


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