Credit Card Debt: State Rankings
If you've ever wondered how your state ranks in terms median credit card debt per borrower, then check out this page, brought to you by the good folks at Americans for Fairness in Lending.Scroll down the same page at the www.affil.org website and you'll find a form that anyone can use to quickly and easily contact the Federal Reserve and share with them experiences dealing with credit-card banks. There are literally tens of thousands of letters. I think it's a safe bet that reform is on the way.
It's good to see that the Fed is on the credit card reform bandwagon.
FYI: If you decide to submit your story, it may be made public here, so don't send anything too sensitive or too personal, like your credit card number or social security number.
Labels: credit_card_debt, credit_card_industry, federal_reserve
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posted by Steve Brown | 8/02/2008 04:05:00 PM
2 Comments:
It's good that the federal reserve is getting involved with the public's opinions. Perhaps they can learn a lot from what is going on, and make the appropriate changes.
> make the appropriate changes.
Change is definitely coming. The public outcry has been huge. If the Fed doesn't push reform through, they'll lose all their credibility, and Ben Bernanke could end up losing the top spot after one, 4-year term.
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