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Volume 6 - Number 19

September 21, 2007

CardIt Aims to Profit by Processing Credit Card Payments for Cash-Strapped Mortgage Borrowers

A new company has launched a Web site that allows borrowers to make mortgage payments with their credit cards. CardIt acts as an intermediary, accepting payments from consumers, processing them, and forwarding the money to lenders and servicers. “The need for...

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