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Lower Credit Card Interest. The president addressed consumer credit early in his adminastration. I believe he fell short

Created by F.N. on December 29, 2012

Lower Credit Card Interest.

The President addressed consumer credit early in his adminastration. I believe he fell short.

It was time, 3 years ago, to stop the credit industry from chargeing interest rates higher than 14%. This would put a lot of money directly into the economy. The card companies will thrive. The average consumer will buy more.

Lets put a cap on credit card interest once and forever.

Right know the interest charged to banks is less than 1%.
Why did the American public not get the same break.

Economy & Jobs
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