The bankers win, yet again. What, did you think otherwise? Stop, you silly little screwed consumer. No one is in Washington lobbying for your little a$$. So what the hell did you expect to happen? Real help, credit relief and regulation? LOL…. Take your debt medicine and learn your banking history lessons!
I am not saying this stuff to rub this BS in your face. No! It is to shake and wake you up to real world banking reality is all. Banks always win and indebted consumers always lose. This has been happening since the dawn of banking and government time. History is just repeating itself as it did in the Great Depression.
You’re simply up debt creek without a paddle. Maybe it would be wise to build a new boat?????????
Denver Post:
Legislation supported by U.S. Sen. Mark Udall and others to freeze interest rates on credit cards until new regulations take effect in three months has effectively died in the U.S. Senate.
Udall, D-Colo., was a key sponsor of the measure, aimed at preventing credit card interest-rate and fee increases until an already-passed set of credit card rules that Udall also backed takes effect in February.
But Senate Republicans Wednesday placed a hold on the freeze measure, effectively killing it. Lawmakers also are faced with a looming debate over health-care reform that may push most other matters aside for now
Read more from the Denver Post
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I have been dealing with Pierce Taylor and Budrow in Ft. Lauderdale FLorida and as far as I am concerned they are a scam. I live in Cincinnati, OH and their afffilate here has closed down and no one will return my call about my promised refund. Beware of modification companies. Do it yourself.
Lisa Russell