Credit card rates at record highs

iVillage Member
Registered: 02-19-2008
Credit card rates at record highs
60
Sun, 01-30-2011 - 3:55pm

Thank goodness Obama has stopped all those credit card abuses. Now we can enjoy the highest credit card rates in history. What a great President. It's not like everyone in business saw this coming (oh wait, they did).

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iVillage Member
Registered: 08-30-2002
Sun, 01-30-2011 - 3:59pm

Credit card rates should be high. It will discourage people from buying what they can't afford, which is what got us into this mess in the first place. Even 20 years ago, the credit card divisions of banks were their biggest losers, because people are more likely to walk away from unsecured debt. The object lesson here, don't buy what you can't afford.



iVillage Member
Registered: 02-19-2008
Sun, 01-30-2011 - 4:13pm

Thank goodness Obama is protecting us all from credit card abuse.

iVillage Member
Registered: 07-11-2006
Sun, 01-30-2011 - 4:16pm

If there is anything in the article that you posted to something Obama made a specific decision on, I missed it.

Is this just another unfounded anti-liberal thing where everything bad gets blamed on the liberals?

iVillage Member
Registered: 07-11-2006
Sun, 01-30-2011 - 4:19pm

How on earth is credit card abuse worth protecting?

iVillage Member
Registered: 07-11-2006
Sun, 01-30-2011 - 4:24pm
iVillage Member
Registered: 02-19-2008
Sun, 01-30-2011 - 5:21pm

iVillage Member
Registered: 02-19-2008
Sun, 01-30-2011 - 5:27pm

iVillage Member
Registered: 03-30-2007
Sun, 01-30-2011 - 5:30pm

Excuse me!!! I just picked myself up off the floor!!!

iVillage Member
Registered: 03-30-2007
Sun, 01-30-2011 - 6:33pm

I'm sorry, but if this wasn't so sad it would almost be laughable.

iVillage Member
Registered: 11-04-2010
Sun, 01-30-2011 - 6:40pm
"Is this just another unfounded anti-liberal thing where everything bad gets blamed on the liberals?"

Bingo. Nothing here to see.

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