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The Credit Card Industry has never done better. In spite of consumer groups calling for reform, they continue to market to the least credit worthy Americans. But that’s ok according to the Feds, who doesn't see anything wrong. Things are going exactly as planned.
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For the last 6 years graduates of NAES (North American Educational Service) been educated to not to pay their Credit Card Bills. Client have eliminating over $145 million credit card debt”. On an average of 12 to 18 the debt is eliminated.
They have been asking the Credit Card Companies this very simple question” Show us the Money”. To be more accurate, prove to me I have a loan with you. They are exercising their right to initiate a billing errors dispute per the Truth in Lending Act, Amendments
Fair Credit Billing Act 15 USC 1601.
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| Thursday, August 03, 2006 | |
By William Thomas
Click here for the Article.
According to the US Census Bureau, some 35 million miserable Americans spent last year experiencing poverty.
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| Thursday, August 03, 2006 | |
By BOB KERR
The Providence Journal
28-FEB-06
PROVIDENCE, R.I. -- Walter Soehnge is a retired Texas schoolteacher who traveled north with his wife, Deana, saw summer change to fall in Rhode Island and decided this was a place to stay for a while.
So the Soehnges live in Scituate now and Walter sometimes has breakfast at the Gentleman Farmer in Scituate Village, where he has passed the test and become a regular despite an accent that is definitely not local.
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| Wednesday, August 02, 2006 | |
Article published Tuesday, August 1, 2006
By PATRICIA SABATINI
BLOCK NEWS ALLIANCE
A new report on credit card debt accuses card issuers of pushing consumers to borrow beyond their means and calls for new regulations.
The report, released by the National Consumer Law Center in Boston, says the industry's tactics are particularly devastating to older Americans who have fewer resources to dig themselves out of a hole.
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| Wednesday, August 02, 2006 | |
August 01,2006 12:00 AM EST
With the news that Barclaycard have informed customers of interest rate increases, debt help experts The Debt Counsellors say credit card debt reduction should be a priority for everyone who owes money on their plastic. (FVNEWSWIRE Jul 9, 2006)
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| Wednesday, August 02, 2006 | |
By The Globe Spotlight Team | July 31, 2006
They have the power to take your car, your money, and sometimes your freedom. And they bring some uncommon credentials to the job.
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