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Credit Card Contracts Literally Too Hard To Read For Most

Monday, September 12, 2016
Herb Weisbaum | NBC News
Michael Calhoun

Mike Calhoun is a lawyer and president of the non-profit Center for Responsible Lending. He believes most lawyers wouldn't understand some of the more complex credit card agreements. "You shouldn't have to be a consumer law expert to engage in an ordinary consumer transaction like this," he said.