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Why Americans are paying ILLEGAL interest rates

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Uploaded by on Dec 12, 2008

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Find out why most Americans are paying illegal interest rates on their credit cards.
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  • Fred sounds like a moron. The Professor too.

  • Every credit card bill I ever seen has like 30 - 40% interest on it.

    Had like 200,000 in bills for "loans".

    My solution? I stopped paying them, I scared off all the lawyers and they stopped trying to bill me.

    Its all fraud... they never even lent you anything of value.

  • IT VIRTUALLY HAS NOTHING TO DO WITH US IT'S ALL BY DESIGN TO CONTROL THE WORLD!!!

  • ALL AMERICANS CAN SAY WHAT THEY WANT BUT THE REALITY OF THE MATTER IS THAT DEBIT AND CREDIT RUN THE WORLD EVERYTHING IS BASED OFF IT EVEN BIG WORLD EVENTS NATURAL DISASTERS , WARS, COLLAPSES OF COUNTRIES EVERYTHING IS BASED ON IT EVEN AS SIMPLE AS A HAND SHAKE FROM SOME FOREIGN GOV'T OFFICAL????

  • SPIEGEL STORE JUST ROBBED ME!!!!!!!!!!!!!!!! THEY SAY THEY ARE IN BANKRUPTCY AND THEY AREN'T GIVING ME MY REFUND......I bought I item on January and I have calling them since late Feb. they continuing saying tomorrow I will refund you...... I have called them at lease 10 times and now they are saying they are in bankruptcy and they are not refunding or giving credit to no one.

  • SPIEGEL STORE JUST TOLD ME ...I WILL NOT GET MY MONEY BACK ( REFUND) BECAUSE THEY ARE IN BANKRUPTCY. THEY DIDN'T MENTIONED LAST ON JANUARY2011

  • Fuck Credit Cards

  • Love the video work nice keep them coming! When you have time come visit my channel!

  • I've never had a credit card, and hopefully I can restrain myself from getting one if I ever feel as if I want one. They're robbery.

  • So the title of this video is a lie. The interest rates are NOT illegal.

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