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Credit Card Outrage

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Uploaded by on Oct 6, 2009

http://www.consumerwarningnetwork.com/2009/10/07/credit-card-outrage/#more-764

Credit card companies are jacking up interest rates and increasing minimum monthly payments in a last ditch effort to shake down consumers before a new law takes effect, which will force them to stop abusive practices.

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  • This happened in Mexico years back and Citizens just walked away from the debt, told them to shove it.

  • @ecoline84 I agree with you, but you know how greedy banks are. They will find every loop hole they can find in the new law with a magnifying glass to make sure their top people still have their private jets and yachts and mansions. I don't mind people getting rich, but everybody needs to calm down and think about what's really fair and stop worrying about how many millions they can make. If you can make lots of money and not screw people I'm all for it!!!!!

  • Hey everyone give these rich bankers and ceo's a break. I mean, if you had to downsize to a 100 ft yacht instead of a 300 ft yacht and if you had to downsize to 5 highpriced pornstar hoes instead of 7 a week, wouldn't you be miserable too? It's about time we stop thinkin about ourselves and think about the feelings of others!!!

  • Here's how you start to fix all these problems

    Everyone.

    Take that credit card and cut it up.

    Call them and cancel the account.

    Dont just stop useing it because they are working on a new penalty charge for "NOT USING" your card.

    they will crap themselves when 40 million people call them up.. Then they wont have a choice but to fix it. Its as easy as that...

    I declare March 1st 2010 the day we all call your card Co and take control.. pass it on.

  • loan sharks

  • Great video,Here is a better solution to combat the abuse from banks that have taxpayer moneyand continue to slam the credit card debt individual,or company,leave the banks and join credit unions. The other solution is that our politicans write laws that protect the consumer from predatory lending-greed from banks that are allowed by law to slam the consumer. I LOVE MY CREDIT UNION.

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