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Who profits from higher interest rates?

13th Nov 2006, 17:26 GMT

With adjustable mortgages and credit card rates rising, Henry in Maryland is wondering where the extra money on his monthly payments is going. Just who profits when interest rates rise? In Indiana, Nick is feeling a little put out because a collection agency is still bothering him about a 7-year-old debt. Isn't there some law against this?

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