Elizabeth Barrette (ysabetwordsmith) wrote,
Elizabeth Barrette

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Getting the Rats Off the Ropes

My exploration of the economic collapse is beginning to yield some useful ideas for improvement. One thing is -- when you've got rats gnawing on the ropes that hold up your circus tent, you need to gets those rats off the ropes.

Usurious credit card interest rates, fees, and other practices have driven many people unreasonably far into debt. Similar problems have plagued the mortgage field. This situation could be greatly alleviated by capping rates and fees, requiring companies to treat customers fairly, and instating a lender's bill of rights.
Cap on Credit Card Interest Rates Petition
Another petition from Green Change
The White House 2 -- Talking Point
Obama/Biden site mentioning their interest in resolving credit issues
Home Loan Learning Center
Tags: activism, economics

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