[DoughtyOne]

When the credit card companies simply raise the rates to 30% arbitrarily, it is wrong. If you can’t grasp that, don’t talk to me on the issue.

The government already regulates these industries. It’s an abdication of oversight to allow this to continue.

These rates are userous. There’s no other term for it. It’s surpases the level of loan sharking.

I can’t believe you would defend this, and yet your come back is, well cut up your credit card. And then pay out for thirty years under these terms? Are you nuts?

Something needs to be done about this.

[dfwgator]

When the credit card companies simply raise the rates to 30% arbitrarily, it is wrong. If you can’t grasp that, don’t talk to me on the issue.

And I agree, so cancel the cards, and tell all of your friends not to do business with the credit card company. That's the way the market works. If the people abdicate their responsibilities as good consumers, you get a Nanny State.