Quote:
Originally Posted by Cynthetiq
I think that it is horrendous that people who are already "working poor" overstretched past their limits and just paying minimum payments now makes them even more "indentured servants."
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I think it will FREE them. They will pay much less interest by paying down their balances. If they're not smart enough to have figured that out, this is one of the few new laws that will actually be of some benefit.