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Barclaycard defends ads OFT deems 'highly misleading'

LONDON - Barclaycard has defended a '0% forever' credit card promotion that was deemed 'highly...to customers. In its advertising, Barclaycard promoted in large type that the 0% APR would be offered forever ... .9%. Responding to the OFT statement, Gary Hoffman, Barclaycard chief executive, said: "Barclaycard does ... have to listen carefully." A spokesman for Barclaycard said that there had been no more complaints ...

 

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