I appreciate the comment by “M,” providing information about how the banks’ Congressional representatives voted on interest rate caps as provision of proposed C.A.R.D. Act legislation, which has now passed. I was going to say “our” representatives, but judging by voting results, Congress doesn’t really seem genuinely interested in protecting the average American citizen from [...]
Posts Tagged ‘debt’
Contracts written by credit card companies are bad faith agreements, which seems to be alright with anyone who is able to “pay cash.”
A September 14, 2009 article by Arthur Delaney of the Huffington Post entitled “Debtor’s Revolt: Woman Refuses To Pay Off Bank Of America Credit Card (VIDEO),” features a customer, Ann Minch, who is finally “fed up.” As per the article title, Ms. Minch is calling for a rejection of the credit card company’s tactic of [...]
Would Thunderbird School of Global Management’s faculty sensibilities really support the actions of Chase Card Services?
NOTE: I started my work on this post yesterday, and was interrupted by the fact that I needed to embark upon my weekly 300 mile commute (each way), back to my home in Tennessee (we remain imprisoned by virtue of real estate). Since it is now September 11, I’d like to insert that I hope we [...]
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