Because this was somewhat buried at the end of my last too-long, ranty post…here’s something you can do to hold the credit card companies’ collective feet to the fire.
There’s something everyone can do to stop credit card companies from issuing unfair rate hikes, fees and loopholes to consumers who pay their bills. Call the Consumers Union Action Line at 800-944-6762. By putting in your zip code, they’ll connect you to your Sentor’s office, so that you can voice your support of the Credit Card Reform Bill, S. 414. The Senate is bitterly divided on this bill, and the only people suffering are the credit card holders.
For more info on the Credit Card Reform Bill, and what you can do to stop unfair creditors from preying on consumers, go to creditcardreform.org.