WASHINGTON — Banks expect to tighten terms on credit cards in response to a new law that aims to protect consumers from sudden rate hikes, the F...
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The American people do not want the unconscionable interest rate increases made "easier to understand" -- we want them reversed.
President Obama seems to be hearing the growing outcry against the big bank pirates' declaration of war on the American people through their outrageous increases in credit card interest rates.
These rate increases -- some to as high as 29 percent -- are exactly the opposite of what the bad economy needs for recovery.
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