Make banks and other credit card lending institutions have the same interest rate as car and mortgage companies.

Bank Regulations on credit cards. We the people have help banks and will continue to help them, therefore they should help us by lowering credit card rates to the level we pay on cars and mortgages. It shouldn't take 30 years to pay off $26,000 worth of credit card debt with monthly payments almost $500.00 or higher. Due to the high interest rate it takes a seniors and students years to pay off their credit card debt. If the interest rate was around 5% you would see a dramatic pay down in debt.
When you are able to pay credit cards off quickly that would keep the economy growing.