Thanks Obama for the credit card interest rate hike.

[txrattlesnake]

Legend11 said:

TheRealMafoo said:

So Obama is trying to pass a law that says credit cards will not be able to hike rates on current balances.

So what does this do? It causes the Credit Card companies to go ahead and hike them now, while they still can. I am planing a wedding in a few months, and have a couple thousand on a card. I expect to pay it off in a few months, but I got a notice in the mail today that the rate on that card is going up on future and current balances.

Anything else you want to fuck up Mr. President?

 

He's trying his best to fix things while many including the credit card industry do their best to try to stop him.  There are so many greedy people putting their own interests ahead of their fellow citizens and even the US's best interest that it may end up destroying the United States in the end.

This.