April 27, 2009

Great Credit Card Battle

Robert Reich has it right with the next big finance battle, its going to be with the Credit Card companies.

What's happening to credit card lending is a smaller replay of what happened to mortgage lending. For years, banks used every gimmick possible to get the public to use their cards -- regardless of the credit worthiness of the customer.

Read his Blog titled, The Great Credit Card Battle To Come and see if you agree that some changes will have to occur to the Credit Card companies to end some of the big banks taking advantage of their customers.

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