Mandate for credit cards
Peace Corps Online:
Directory:
Dominican Republic:
RPCV Chris Dodd (Dominican Republic) :
RPCV Chris Dodd: Archived Stories:
June 18, 2005: Headlines: Figures: COS - Dominican Republic: Politics: Congress: Credit: Credit Cards: Houston Chronicle: Sen. Chris Dodd, D-Conn., has been pushing for years to pass legislation that would mandate that credit card companies include information in customer statements about how long it would take to discharge a debt by making only minimum payments and how much it would cost in interest :
Mandate for credit cards
|
By Anonymous (cache-ntc-aa03.proxy.aol.com - 207.200.116.7) on Monday, September 19, 2005 - 1:39 pm: Edit Post |
What a terrible thing to do to the people of this country, mandate that credit card companies can raise the payments as high as they want. We are seniors, 70 and disabled, we will be forced into the streets or bankruptcy.
I call for lawsuits against this mandate and the credit card companies for putting many, many people at risk.