Thursday, February 23, 2012

What about Credit Cards that weren't suppose to charge late fees and Etc.,?

The President bailed out the car dealers and banks,and all they did was find ways to make more money on more people.With late fees they're not suppose to charge right away and they do, and now ATM fees,Checking fees, and way higher intrest on creditcards.What about all those things he said was going to change?I know ,that hurt most of us.And the banks are still trying to see what else they can charge the average peson so they can stay rich.What about that?What about Credit Cards that weren't suppose to charge late fees and Etc.,?
through something called moral hazard, a lot of these fees are hidden behind. money is generally never favored in the way of the consumer because it is generally the governmental belief that banks are fiscally more responsible with money and the economy, even after they screw it up. you can be a bad bank and charge fees, bad consumer, then pay fees.... your choice.
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