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Old 02-05-2009, 09:45 AM   #11 (permalink)
filtherton
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Location: In the land of ice and snow.
Quote:
Originally Posted by aceventura3 View Post
You know what would have a real impact? Doing something like saying to financial institution taking federal money who issue credit cards to discontinue the practice of raising rates on cardholders during this crisis. For example I have a card that I have had for about 13 years through a bank that recieved TARP money. The APR on the card was 11.9% and they raised it to 24.9% about a month ago. I don't give a crap about what the CEO makes, but I do care about the fact that they want to dig into my pocket as a consumer and as a tax payer.
Wait, so you want the government to intervene and regulate a completely legal and profitable business practice because you lacked the foresight to not get yourself in debt?

Ace, I'm impressed. Welcome to socialism.
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