Obama puts pressure on credit card issuers

Call – Write -E-mail Fax your senators – Ccontrol son these banks is long overdue.   At one time it was illegal to charge the types of interest rates that banks are now unilaterally imposing on people who have fallen on difficult economic times.

president calls top industry executives to the White House and demands they stop jacking up interest rates and adding unexpected fees to customer bills. The companies defend their actions.

http://www.latimes.com/business/la-fi-credit-card24-2009apr24,0,1720041.story


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