This is a repeat of yesterday's diary. It's worth posting again.
I know that there are a few office holders and people of influence who browse this site - I want them to see this credit card offer I just received:
I mean, HOLY FRAKKING COW!!!! 59.9% Interest!!!!!
People who have money aren't offered cards like that. They're only sent to people like me with poor credit ratings. In my case, I don't have any credit cards - I got rid of them years ago - but they keep trying to being me back into the fold.
Look at the terms and conditions. These people are trying to take as much money from you while they still can. I have no clue at all what the legal limits are for interest, but nearly 60%?????!!?!!?!
Are you out of your goddamned mind? Especially on a card that STARTS with a balance already on it?
If it's not criminal it should be. People should go to jail for attempting to and succeeding in ensnaring people like this. And to any of you out there with some amout of influence on the debate, have you ever seen this? I get 3 a week and I'd bet that millions are going out. And I'd bet that until this moment that people with influence on the debate, simply because you have money, credit ratings and as a result get offerred much better deals, have NEVER seen the like.
It's all too common, and it needs to be stopped.
UPDATE: I wonder how many of these get offerred in Detriot?