19Apr/090
Credit Card Abuses
I am keeping an eye on this specific topic, because I am the victim (as are many credit card holders) of abusive interest rates (read Chase Bank). Apparently, White House officials plan to meet with greedy executives of credit card companies to discuss. Read the excerpt:
The meeting comes as lawmakers in the Democratic-led Congress have vented anger that banks with big credit card operations charging high interest rates and fees are the same institutions getting government bailouts from U.S. taxpayers who use these credit cards.