interest rates

Can we please get some Congressional support for lower interest rates on consumer loans and credit cards? I know the big financial "institutions" help pay to buy most people in Congress. Maybe there are a few national politicians who will speak up on behalf of US consumers who are being eaten alive by predatory, arbitrary, unilateral raises in interest rates (particularly by credit card companies). These high interest rates often make it impossible to repay loans (over 30% rates are permitted in NY). Maybe there are  politicians out there who calls themselves religious, who actually believe in restricting USURY!

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At one time, back in the days of my youth, people were...

tried and imprisoned for what was called 'loan-sharking.' The higher rate of interest, the more difficult to pay the balances off.

Good cause for a new President to espouse. And the new people we hope to elect to the Congress.

A mind once expanded can never return to its original dimensions.

Anne Hathaway: 1556-1623

The greatest derangement of the mind is to believe in something because one wishes it to be so.

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