The Mudcat Café TM
Thread #57857 Message #912151
Posted By: Bobert
17-Mar-03 - 07:08 PM
Thread Name: BS: Get out of debt now!
Subject: RE: BS: Get out of debt now!
Well, I'm not going to get into all the in's and out's of the federal legislation but it is "preditor lender" friendly and has been supported by major contributors to Bush's election campaign: the credit card companies. Yeah, the small mom-n-po companies will still be written off but the credit card companies, which are a major conributor toward assisting folks in getting in trouble finacially, are getting major protection. Hmmmmmm?
Credit card companies practice their own brand of terrorism. The get credit cards in the hands of college kids, who then end up dropping out of college to pay them off. They should be held at least partially responsible with their "preditory" practices.