Comments on: Fed proposes to end unfair, deceptive credit card practices http://blog.vivianpaige.com/2008/05/02/fed-to-end-unfair-deceptive-credit-card-practices/ Fri, 10 Feb 2012 12:36:25 +0000 hourly 1 http://wordpress.com/ By: vjp http://blog.vivianpaige.com/2008/05/02/fed-to-end-unfair-deceptive-credit-card-practices/comment-page-1/#comment-129147 Fri, 02 May 2008 22:46:05 +0000 http://vivianpaige.wordpress.com/?p=3250#comment-129147 Yes, MB, I agree. It should be Fed proposes to end…

I think I’ll change it ;)

Totally agree this is a bipartisan thing.

]]> By: MB http://blog.vivianpaige.com/2008/05/02/fed-to-end-unfair-deceptive-credit-card-practices/comment-page-1/#comment-129146 Fri, 02 May 2008 22:41:06 +0000 http://vivianpaige.wordpress.com/?p=3250#comment-129146 That headline is a bit generous, no? We’ll see what emerges.

(And the gov’t inability to adequately regulate credit card companies is most definitely a bipartisan problem. It’s up to all of us to make sure our reps do the right thing in this arena.)

]]> By: LittleDavid http://blog.vivianpaige.com/2008/05/02/fed-to-end-unfair-deceptive-credit-card-practices/comment-page-1/#comment-129140 Fri, 02 May 2008 22:02:10 +0000 http://vivianpaige.wordpress.com/?p=3250#comment-129140 The credit card industry has been getting out of hand recently hasn’t it? They need to be reigned in.

Of course this is going to cause additional problems. Depriving them of revenue is going to make it more difficult for them to weather the storm caused by the defaults from the high credit risks they extended credit to.

But they still need to be reigned in. Decent credit customers should not have to pay for their bad business decisions, especially when they start resorting to trickery.

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