Obama pledges protections for credit-card users

WASHINGTON (AP) -- President Barack Obama said Thursday he is determined to get a credit-card law that eliminates the tricky fine print, sudden rate increases and late fees that give millions of consumers headaches....

By BEN FELLER

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if only those damn credit cards companies would stop forcing people to have and use credit cards!!!!



oh wait...

 

I wonder how well this will be received in Biden's state of Deleware. The credit card company capital of the world.

I wonder if he'll still be an elected lobbyist for the credit card companies like the one his son works for.

 

I'll believe it when I see it. Actually gotta agree there about Biden and Delaware. The interest on credit cards is where the REAL money is. All the banks know that. If they can't screw us there, they'll screw us somewhere else.

I know, people say... just don't use credit cards... while that can and does work for most people, and is logical, small business' rely on credit cards to stay competitive, and in some cases, to even make payroll during fiscal cycles.

You wouldn't think they do, but damn, you'd be surprised. It's not really average Joe consumer that has to worry about the interest rates biting them.
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