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Mica touts CUs' credit cards on Fox
NEW YORK (6/30/09)--Credit Union National Association President/CEO Dan Mica emphasized the benefits of credit union credit cards during Fox Business Network's "Money for Breakfast" program, which aired Saturday.
Mica and Adam Levin of credit.com were featured on the show to provide insights on recently passed credit card legislation, The Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009. Mica noted that the legislation would bring change to the credit card industry--including lower fees.
Credit union credit cards are the best deal for consumers, according to a Harvard University study, Mica said. Credit union credit cards offer lower fees and better service for their members.
"[Credit cards] can be done in a way to give consumers a break," Mica said. "The best deal is with a credit union. We've proven you can do it without gouging the customer--our member."
To see a video of Mica speaking on Fox, use the link.
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