YOu suck Obama. Your a false profit if I ever saw one. I have seen nop drop in interest in any credit card I own. The reason why smart people are sending there money over sea's is because the irs has got the hands in there pocket like cancer.
After your precious Credit Card Act was passed, the interest rates on my Credit Cards DOUBLED!!! even though I have not been late on a single payment, of any kind, in over ten years. If this is your way of helping the American People, please, don't bother next time.
@chiggerno19 you're blaming the wrong person. Your credit card company was not forced to raise your rate on you they did it because the wanted to get as much money out of you while they still could. Don't blame the guy for trying to fix the the exact problem your dealing with.
@jagboola I have every right to blame Congress.They debated, on both Floors of Congress, that one of the "unintended consequences" of passing this law, could be that Banks could raise interest rates before the Law went into effect.Further, in Dec of 2009, Congress knew that the "unintended consequences" of banks raising rates, had in fact, occurred and they, again, tried to get the Law to go into effect sooner than Feb, 2010.All this can be verified through the videos of Congress avail on CSpan.
thanks obama, discover just cut their cash back program from 5% to 2%. Brillant work, for those that are responsible. It won't hurt me, but it's sure gonna hurt all your poor voters!
you can't satisfy some people.Now how you can find fault with this I have no idea.While I would like to see a apr cap this is a good first step.Making credit card companies have to show their terms in plain sight and in plain english... giving you notice before a rate hike and having to have a resonable period for a customer to back out if a rate hike is unresonable.All these things are great boons for the customer.
Please support The Federal Reserve Transparency Act! Our Congressmen have the right and responsibility to Audit the Federal Reserve. They should have come clean with the American Taxpayers a long time ago. We need transparency.
The federal reserve has hired lobbyists (ie. Linda Robertson, who also lobbied for Enron) in their self interest to prevent government accountability, to keep the status quo. Please help to support HR 1207! The FED does not consist of elected officials. Our own congressmen have the right and responsibility to know!
i want to hear about the gas riseing so high,so in with what you say about whats happening,lets hear about gas going up and people not able to get to jobs if they travel and dont make much more then 9.00 a hour
Sure, there are hidden fees. Why it took everyone so long to figure that out is beyond me. The problem is that Obama's solution basically enables the undisciplined idiots who can't manage their money and makes me responsible for them financially.
Universal Health Care is a whole separate issue. You don't choose your disability, as I know personally. You do, however, choose how you spend your money. If you're too stupid to manage it well, don't ask me to bail you out.
This is not helping anyone. They did not cap APR rates... and this won't be enacted for 9 months. Between now and then APR rates are going to SKYROCKET. They have already started... mine has more than doubled. No more late fee's until 60 days late... uhhhh but what about the 42%APR's WAKE UP PEOPLE. Thats ok though... they will see when those that do pay their bills, will no longer use credit cards and all they have left are those that don't pay their bills.
"black people ruined the world."
Tell that to the Native Americans. Let's see who they think ruined their way of life.
Tell that to the Iraqi children who are getting bombed from the sky from left to right.
Tell that to the Palestinians who are getting their homes bulldozed on a daily basis.
Tell that to the resource exploited 3rd wold countries who are being undermined by foreign energy corporations.
Then ask yourself, who has the power to call these shots from the top?
luger74 9 months ago
YOu suck Obama. Your a false profit if I ever saw one. I have seen nop drop in interest in any credit card I own. The reason why smart people are sending there money over sea's is because the irs has got the hands in there pocket like cancer.
jackercrackbox 9 months ago
LIAR VOTE INDEPENDENT 2012
kuhndog52 1 year ago
After your precious Credit Card Act was passed, the interest rates on my Credit Cards DOUBLED!!! even though I have not been late on a single payment, of any kind, in over ten years. If this is your way of helping the American People, please, don't bother next time.
chiggerno19 2 years ago
@chiggerno19 you're blaming the wrong person. Your credit card company was not forced to raise your rate on you they did it because the wanted to get as much money out of you while they still could. Don't blame the guy for trying to fix the the exact problem your dealing with.
jagboola 1 year ago
@jagboola I have every right to blame Congress.They debated, on both Floors of Congress, that one of the "unintended consequences" of passing this law, could be that Banks could raise interest rates before the Law went into effect.Further, in Dec of 2009, Congress knew that the "unintended consequences" of banks raising rates, had in fact, occurred and they, again, tried to get the Law to go into effect sooner than Feb, 2010.All this can be verified through the videos of Congress avail on CSpan.
chiggerno19 1 year ago
AVOID CAPITAL ONE LIKE THE PLAGUE!!!!
Jiggamyfigga 2 years ago
thanks obama, discover just cut their cash back program from 5% to 2%. Brillant work, for those that are responsible. It won't hurt me, but it's sure gonna hurt all your poor voters!
skfamily1 2 years ago
you can't satisfy some people.Now how you can find fault with this I have no idea.While I would like to see a apr cap this is a good first step.Making credit card companies have to show their terms in plain sight and in plain english... giving you notice before a rate hike and having to have a resonable period for a customer to back out if a rate hike is unresonable.All these things are great boons for the customer.
gamesmaster35 2 years ago
Please support The Federal Reserve Transparency Act! Our Congressmen have the right and responsibility to Audit the Federal Reserve. They should have come clean with the American Taxpayers a long time ago. We need transparency.
GoLuckyOops 2 years ago
This has been flagged as spam show
The federal reserve has hired lobbyists (ie. Linda Robertson, who also lobbied for Enron) in their self interest to prevent government accountability, to keep the status quo. Please help to support HR 1207! The FED does not consist of elected officials. Our own congressmen have the right and responsibility to know!
GoLuckyOops 2 years ago
i want to hear about the gas riseing so high,so in with what you say about whats happening,lets hear about gas going up and people not able to get to jobs if they travel and dont make much more then 9.00 a hour
darkstar1063 2 years ago
Sure, there are hidden fees. Why it took everyone so long to figure that out is beyond me. The problem is that Obama's solution basically enables the undisciplined idiots who can't manage their money and makes me responsible for them financially.
Universal Health Care is a whole separate issue. You don't choose your disability, as I know personally. You do, however, choose how you spend your money. If you're too stupid to manage it well, don't ask me to bail you out.
surfer53 2 years ago
This is not helping anyone. They did not cap APR rates... and this won't be enacted for 9 months. Between now and then APR rates are going to SKYROCKET. They have already started... mine has more than doubled. No more late fee's until 60 days late... uhhhh but what about the 42%APR's WAKE UP PEOPLE. Thats ok though... they will see when those that do pay their bills, will no longer use credit cards and all they have left are those that don't pay their bills.
Iamonefourhim 2 years ago
about freakin time!
greatgaara 2 years ago
Thank you!!!
cancerjune1 2 years ago
Credit Card Reform at last.
It's about time, 25% to 30% Interest is just as bad as
ORGANIZED CRIME
GreenEnergy2112 2 years ago