Comments on: House Passes Beefed Up Credit Card Reform Bill http://washingtonindependent.com/41373/house-passes-beefed-up-credit-card-reform-bill National News in Context Thu, 26 Nov 2009 01:41:53 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Andy http://washingtonindependent.com/41373/house-passes-beefed-up-credit-card-reform-bill/comment-page-1#comment-35216 Andy Mon, 25 May 2009 20:43:09 +0000 http://washingtonindependent.com/?p=41373#comment-35216 Like any bill, this one has good points and bad. The question is that is the government just creating more overhead for card companies or actually helping consumers. Time will tell. Like any bill, this one has good points and bad. The question is that is the government just creating more overhead for card companies or actually helping consumers. Time will tell.

]]> By: Andy http://washingtonindependent.com/41373/house-passes-beefed-up-credit-card-reform-bill/comment-page-1#comment-31520 Andy Mon, 25 May 2009 13:43:09 +0000 http://washingtonindependent.com/?p=41373#comment-31520 Like any bill, this one has good points and bad. The question is that is the government just creating more overhead for card companies or actually helping consumers. Time will tell. Like any bill, this one has good points and bad. The question is that is the government just creating more overhead for card companies or actually helping consumers. Time will tell.

]]> By: Obama talks credit cards and consumer protection | News Fu http://washingtonindependent.com/41373/house-passes-beefed-up-credit-card-reform-bill/comment-page-1#comment-30293 Obama talks credit cards and consumer protection | News Fu Sat, 09 May 2009 14:22:25 +0000 http://washingtonindependent.com/?p=41373#comment-30293 [...] help rev that economic engine, he urged Senate passage of the credit card reform bill passed by the House last week, challenging the upper chamber to get it on his desk and signed by [...] [...] help rev that economic engine, he urged Senate passage of the credit card reform bill passed by the House last week, challenging the upper chamber to get it on his desk and signed by [...]

]]> By: APoliticsNow!» Blog Archive » Obama talks credit cards and consumer protection http://washingtonindependent.com/41373/house-passes-beefed-up-credit-card-reform-bill/comment-page-1#comment-30292 APoliticsNow!» Blog Archive » Obama talks credit cards and consumer protection Sat, 09 May 2009 14:06:24 +0000 http://washingtonindependent.com/?p=41373#comment-30292 [...] help rev that economic engine, he urged Senate passage of the credit card reform bill passed by the House last week, challenging the upper chamber to get it on his desk and signed by [...] [...] help rev that economic engine, he urged Senate passage of the credit card reform bill passed by the House last week, challenging the upper chamber to get it on his desk and signed by [...]

]]> By: Obama talks credit cards and consumer protection | Bloggers For Change http://washingtonindependent.com/41373/house-passes-beefed-up-credit-card-reform-bill/comment-page-1#comment-30291 Obama talks credit cards and consumer protection | Bloggers For Change Sat, 09 May 2009 14:03:13 +0000 http://washingtonindependent.com/?p=41373#comment-30291 [...] help rev that economic engine, he urged Senate passage of the credit card reform bill passed by the House last week, challenging the upper chamber to get it on his desk and signed by [...] [...] help rev that economic engine, he urged Senate passage of the credit card reform bill passed by the House last week, challenging the upper chamber to get it on his desk and signed by [...]

]]> By: The Washington Independent » House Passes Beefed Up Credit Card … http://washingtonindependent.com/41373/house-passes-beefed-up-credit-card-reform-bill/comment-page-1#comment-29480 The Washington Independent » House Passes Beefed Up Credit Card … Sat, 02 May 2009 20:02:28 +0000 http://washingtonindependent.com/?p=41373#comment-29480 [...] th­e origin­a­l­ p­os­t: T­h­e­ W­ash­in­gt­o­n­ In­de­pe­n­... Share and [...] [...] th­e origin­a­l­ p­os­t: T­h­e­ W­ash­in­gt­o­n­ In­de­pe­n­… Share and [...]

]]> By: don http://washingtonindependent.com/41373/house-passes-beefed-up-credit-card-reform-bill/comment-page-1#comment-29309 don Fri, 01 May 2009 09:16:45 +0000 http://washingtonindependent.com/?p=41373#comment-29309 This bill does not go far enough. Give me a break. And when it gets out of the senate, same old same old. ENOUGH of this crap.<br><br>don<br><a href="http://thelittleguylobby.org" rel="nofollow">thelittleguylobby.org</a> This bill does not go far enough. Give me a break. And when it gets out of the senate, same old same old. ENOUGH of this crap.

don
thelittleguylobby.org

]]> By: House Passes Beefed Up Credit Card Reform Bill http://washingtonindependent.com/41373/house-passes-beefed-up-credit-card-reform-bill/comment-page-1#comment-29273 House Passes Beefed Up Credit Card Reform Bill Thu, 30 Apr 2009 23:24:28 +0000 http://washingtonindependent.com/?p=41373#comment-29273 [...] Original post by The Washington Independent [...] [...] Original post by The Washington Independent [...]

]]> By: John http://washingtonindependent.com/41373/house-passes-beefed-up-credit-card-reform-bill/comment-page-1#comment-29276 John Thu, 30 Apr 2009 21:30:33 +0000 http://washingtonindependent.com/?p=41373#comment-29276 There is no reason for credit card rates of 20-50% when our inflation is in the low single digits and prime is in similar ranges.<br><br>There is no reason for allowing them to rape the american public with that kind of usury.<br><br>How about protecting our ecomonmy, and American citizens by putting a reasonable cap on card rates that is not more than 10% above prime?<br><br>That help stop the credit card defaults, auto loan defaults, and mortgage loan defaults, when the credit card companies force people into default on all loans by pushing rates and payments several times what consumers initially agreed to with rates less than 10% initially ... or even into bankruptcy where all lenders suffer because of the credit card abuses ... and in the end, all Americans which pickup the tab for those unnecessary defaults. There is no reason for credit card rates of 20-50% when our inflation is in the low single digits and prime is in similar ranges.

There is no reason for allowing them to rape the american public with that kind of usury.

How about protecting our ecomonmy, and American citizens by putting a reasonable cap on card rates that is not more than 10% above prime?

That help stop the credit card defaults, auto loan defaults, and mortgage loan defaults, when the credit card companies force people into default on all loans by pushing rates and payments several times what consumers initially agreed to with rates less than 10% initially … or even into bankruptcy where all lenders suffer because of the credit card abuses … and in the end, all Americans which pickup the tab for those unnecessary defaults.

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