“This is crazy!”
“Just pay your bills!”
“You need higher interest for poor people!”
1st of all, 15% interest is already a TON.
Most credit unions are subject to usury law; they’re quite sound. in fact, they’re the few who DIDN’T need a bailout in ‘08.
So let’s talk about it 
https://twitter.com/SenSanders/status/1126520351368859648 …
Credit card businesses can charge unfair rates because there isn’t enough competition to force their rates to lower in order to attract customers. Since they have a large market share, they can charge ridiculous rates without backfire because of the few alternatives available.
