For instance, new regulations will limit banks from charging high fees on debit card transactions and restrict certain interest rate increases on credit cards.

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In addition, he wants banks to stop charging repeated "over-the-limit" fees beyond the month in which a consumer charged above the card's limit.

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Yet internet service providers are considering putting limits on broadband use and even charging for data transfers above a certain monthly limit.

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Stay away from charging balances that are close to the credit limit even if you pay your credit card bills in full each month.

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