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Published March 16, 2013, 09:46 AM

Don’t let an 'authorization hold' on credit card hold you hostage

Credit is a convenience; it allows you to charge a meal on your credit card, pay for an appliance with an installment plan, or take out a loan to buy a house. However, when dining out at a fancy restaurant or spending the night away in a hotel, the Better Business Bureau of Minnesota and North Dakota (BBB) says it’s important to take notice of what the banking industry calls an “authorization hold.”

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