We The Peeps

Credit Cards

The unending credit crisis. Congress has passed laws to protect consumers against high interest rates.

How will this affect you? Have you been hit by the high interest rates charged by the banks? What are you doing about this?

Post your opinion and thoughts now!

The bank giveth, and the bank taketh away!

October 6, 2009
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The bank giveth, and the bank taketh away!

And said, BROKE came I out of my mother's womb, and BROKE shall I return thither: the BANK gave, and the BANK hath taken away; blessed be the name of the BANK.  JOBless 1:21 There you go, the words right out of your cut throat capitalist bible.  The bank giveth and the bank taketh...

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Citibank raises interest rates again!

July 1, 2009
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Citibank raises interest rates again!

Citibank decided to raise interest rates on up to 15 million credit card holders again.  What I don’t understand is if we are an economy based on consumer buying, why they would raise interest rates again?  Why would you want to pay 30% interest on an item that you more than likely can pay...

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