How about a bill to permanently LIMIT credit card interest banks can charge? With FED rates at 0%, credit card interest, even for those with excellent credit scores, is 15, 17, 20, 25%, etc. Pass a law to prevent banks from "gouging" consumers with ridiculous interest rates!
Today I announced I'm calling for the suspension of credit card interest fees and penalties until this pandemic is over. Folks need relief and they need it now.pic.twitter.com/IuBHrM0T9v
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Interest rates used to be controlled and much lower. I believe that law might have been changed by Geo W Bush. Those high interest rates we pay now used to be called usury and should still be illegal.
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Forgive student loan for healthcare workers.
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And those that build the hospitals, those that feed the health care workers, those that teach them, those that ensure the hospitals have water and heat and electricity, those that drive them to and from work, those that build the equipment need to provide, those that ......
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Everything should be suspended until this is over and we can get back to work. What little money I am earning I need to save to literally buy food and put gas in my car. I know a lot of us are rowing the same sinking boat.
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But won't they keep accumulating the interest over the balance & compounding it over the period?
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Thank
@KamalaHarris I never thought in my wildest dreams that I would lose my retirement and have to face selling the one asset that I built this late in my life.I know that there are people worse off but every little bit helps. Thank you. - End of conversation
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Someone need to talk to
@CapitalOne they have a hold of 2 hours I was on the phone holding 2 hours and 54 minutes -
They’re the worst.
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