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View Diary: OR-Sen: Jeff Merkley (D) Introduces The Protecting Consumers from Unreasonable Credit Rates Act (9 comments)

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  •  even ordinaary credit cards (2+ / 0-)
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    RiveroftheWest, ER Doc

    can have rates up to 30% now. Which is, yes, highway robbery, when the banks are getting that money for next to no interest.

    I suspect that most of them would be out of business without the high interest and all the fees.

    (Is it time for the pitchforks and torches yet?)

    by PJEvans on Wed Apr 10, 2013 at 09:07:31 PM PDT

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