The Fed is set to vote Thursday on a number of key protections for credit-card customers. Cash-strapped consumers might get some welcome news on Thursday when regulators vote to rein in controversial credit card practices.
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Finally, we are beginning to get a little bit of common sense. When Lori and I began to deal with our consumer spending habits in 2002 and clearing through all of the piles of debt found that we had issues that we didn’t even know existed, we were faced with iffy credit card practices.
At this point, let me state very clearly, the biggest offender that we had was “Capital One.”
So, you’re wondering, what’s the list of offenses? Well, read on in this article at CNN.com as they share a laundry list of what I call crimes against consumers. I have long said for years after paying off my debts that the “NEW SLAVERY” in America is consumer debt.
It’s amazing that within my lifetime, I have seen everything brought to light. That has been my 13 year prayer.
Read on by clicking below to read the full story!
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