Amen, Tim. The people that complain the loudest always seem to be the people that participate the least...hubs works with a bunch of gomers that are now screaming about the results of the last couple of elections. Come to find out, none of them voted. Duh..
i am complaining and i vote. i vote for dogcatcher. it's a right i fully enjoy. i am complaining about the card i have but will no longer use when they rais my rate to 19% next month. i didn't overspend myself. i don't have payments i cannot make. i will not pay for someone else's mistakes if i can help it. no one voted for credit cards to make these big changes. credit card issuers gave credit cards to people who had no visible means of support and now i am going to pay for this? no a chance. i can live without a credit card. i pay cash when i shop. i send checks to buy goods. dh is still holding back but he'll come around. the credit card companies can't live with out people like us who pay their bills on time. let them stick it to good people and all they'll be left with is bad debt.
.
How did the people you've helped put in office vote on these type issues?
Did any of them get campaign contributions from the financial sector and CC companies? Probably
The simplest solution is to not carry balances or make damn sure you're on top of the bills to never be late, even once. Works for us.
You can blame whoever you want, but it all starts with putting people in office that will craft good regulations and make sure the regulators do their jobs.
Haven't had many of them though thanks to the way the system is structured.
"credit card issuers gave credit cards to people who had no visible means of support and now i am going to pay for this?"
Its comforting to know that these folks you describe aren't the same 1 million or so hard-working Americans WITH inforce health insurance being thrown into bankruptcy next year due to rejected claims and major illnesses striking them, isn't it?