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The general topic of this message is Business/Commerce:
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Subject:
Credit Card Companies are robbing people in front of you ! ! !
To: Sen. George Voinovich
Rep. Betty Sutton
Sen. Sherrod Brown
October 27, 2009
Hello,
Would you all please do something about the credit card companies?
Make it retroactive since they are gouging in anticipation of the new law.
Postponing the new law has only made their behavior worse since they are now on a time schedule to hurry and be more creative to rob the people while they still have time. It is like the alarm is going off in the bank and they are filling the pillow cases with the tellers money.
They are worse than the mafia ever was. They are NOT close to being fair.
It is not like getting one knee broken, it is ruining peoples life long credit history and a hardship on them and their children and ultimately their children's children.
For example:
Payment one day late causes 10% jump in the interest rate.
On fixed rates they decide to double the monthly payments required,
so that you pay it off faster and get a new card at triple the rate.
This is a HUGE problem!!!
How could you all let this go on in this country?????
Thank you very much.
strongsville , OH
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