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Affinity Federal Credit Union Offers Tips On Managing Credit Card Fees

Fri Nov 6, 2009 1:02pm EST
Available For Comment

BASKING RIDGE, N.J., Nov. 6 /PRNewswire/ -- In light of the newly released Pew
Charitable Trust research study, issued by the Pew Health Group's Safe Credit
Card Project, which concerns soaring credit card rates and unfair credit card
practices, Affinity Federal Credit Union would like to offer your readers tips
on how to manage their current credit card fees and their various
alternatives. In the Pew study, as well as articles appearing this week in the
Wall Street Journal and on Forbes.com, credit union credit cards are being
offered as an alternative because they have much lower advertised rates and
penalty fees at half the rate of what banks charge. Donna LoStocco, VP, member
experience at New Jersey's largest credit union, Affinity Federal Credit
Union, is available to offer insight on the study as well as tips for
consumers who need more information about:

    --  Understanding what is going on with the credit card industry
    --  Whether or not you should cancel your account
    --  Working with your credit card provider to lower your fee
    --  Applying for another card
    --  Seeking financial advice

    --  The benefits of opening a credit union credit card account (including
        Affinity's own)


To schedule an interview with Donna concerning the study results and
Affinity's recommendations, or if you would like links to the PEW study or
Wall Street Journal piece, please contact Anna Brodetsky at 732-542-9100, ext.
122.

About Affinity Federal Credit Union:
Affinity Federal Credit Union, New Jersey's largest credit union, is a
member-owned, not-for-profit, full-service financial institution with 18
branches throughout northern and central New Jersey with more than 130,000
members from more than 2,000 businesses and organizations and total assets in
excess of $1.9 billion.  Headquartered in Basking Ridge, Affinity Federal
Credit Union has been offering superior financial services with a
member-oriented focus since 1935.  For more information, visit
www.affinityfcu.org.

SOURCE  Affinity Federal Credit Union

Anna Brodetsky of Utopia Communications, +1-732-542-9100 x 122,
anna@utopiacommunications.biz



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