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John's Blog

Give a man a fish and feed him for a day....Teach him to use the internet and he won't bother you for weeks!

Thursday, December 08, 2005

Credit Woes

"It's always Christmas time (for Visa)!"
Before you whip out the plastic and run off to do your Christmas shopping, you may want to check out this cute animation about abusive credit card practices. Too many people just jump in with both feet when they get those low interest rate credit card offers only to see the rates skyrocket over time.

Although as a consumer, you can use your head and read the fine print, but there are bills coming before the House and Senate to level the playing field. Urge your representatives to support the pending legislation which would ban abusive credit practices, and give consumers more of a fair shake.
|| JM, 10:26 PM

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