Bills passed recently by the House and Senate separately to speed up the dates when credit card companies have to limit their increase is TOO LITTLE, TOO LATE. The House AND Senate AND the President need to pass a law that reverses credit card rate increases made in the past 6 months, to what they were before, especially for people who have not been late with payments.
What the government has done so far, is to give credit card companies time to raise their rates outrageously and to lower credit limts, even for people who have always paid on time. This needs to be REVERSED now.
Bills passed recently by the House and Senate separately to speed up the dates when credit card companies have to limit their increase is TOO LITTLE, TOO LATE. The House AND Senate AND the President need to pass a law that reverses credit card rate increases made in the past 6 months, to what they were before, especially for people who have not been late with payments.
What the government has done so far, is to give credit card companies time to raise their rates outrageously and to lower credit limts, even for people who have always paid on time. This needs to be REVERSED now.
We signed the "Reverse recent credit card rate increases" petition!
# 21:
11:29 am PST, Nov 6,Name not displayed, South Dakota
# 20:
7:45 am PST, Nov 4,Name not displayed, New York
STOP THE INCREASE OF FINANCE CHARGE RATES, ESPECIALLY ON THOSE WITH GOOD CREDIT RATINGS. ALSO REVERSE THE ONES THAT HAVE ALREADY BEEN INCREASED DURING 2009.
# 19:
5:55 am PST, Nov 2,Janice Robin, Louisiana
# 18:
8:48 pm PST, Nov 1,Pam Boland, Georgia
# 17:
7:27 pm PST, Nov 1,Dick Artley, Idaho
# 16:
9:37 am PST, Nov 1,Daniel Curran, New York
Won't be $$ to donate to Elections, the public was raped by the Credit Companys (allowed by Elected Officials). This is a crime. Punished for good credit and on time re-payment histories. All of my Credit Card Companies have sent me a letter (translated= BEND OVER AND SMILE).....
# 15:
3:58 pm PDT, Oct 31,Name not displayed, Illinois
# 14:
9:44 am PDT, Oct 31,Carol Carter, Michigan
Please put some real teeth in these bills and stop the trampling of the customer in favor of the big money. Stop and think, it's better to get $5. from a million voters than $5 mil. from one. The $5. vote gets you 5 million voters. There should be power in numbers, and we the numbers want to be heard.
# 13:
4:29 pm PDT, Oct 30,JANET ROCHON, Arizona
# 12:
2:30 pm PDT, Oct 30,Michael Woelfel, Texas
# 11:
5:45 am PDT, Oct 30,Vicki Frederick, Missouri
# 10:
10:20 pm PDT, Oct 29,Brian Sisley, North Carolina
# 9:
7:33 pm PDT, Oct 29,James J. Sullivan, Texas
Usury used to be illegal. Let's ban it again.
# 7:
5:07 pm PDT, Oct 29,James Machado, California
# 6:
4:10 pm PDT, Oct 29,Miguel Dias, New York
# 5:
10:12 am PDT, Oct 29,Name not displayed, California
# 4:
5:59 am PDT, Oct 29,Jacqueline Morin, North Carolina
# 3:
5:15 am PDT, Oct 29,David N Moore, Connecticut
# 2:
3:21 am PDT, Oct 29,Steve Klein, Virginia
# 1:
5:27 pm PDT, Oct 28,James Huether, California
We either need to have credit card rate hikes REVERSED, OR we need a national boycott for as many people as possible to STOP PAYING thier credit card companies.
