MBNA - GOP
Putting the screws to the American people...for their own good, of course:
If you have a high balance on your credit cards, you may be in for a shock when the next bill
Within the next month, Bank of America, MBNA and Citigroup will raise minimum monthly payments on their cards from 2 percent of the balance to up to 4 percent, not including interest. Other card issuers are expected to make similar changes by the end of the year.
Credit card companies are under mounting pressure by the government to raise the minimum monthly payments to help Americans get out of debt more quickly. If you can't afford the increase, experts recommend that you contact your credit card company and try to negotiate a lower interest rate, which could offer some relief.
Gee, thanks Mr. GOP. I was having trouble paying my bills before, but now that you've protected me from declaring bankruptcy, allowing the MBNA to take my home and all possesions, and have now doubled my payment rates, I am sure that I'll fullfill the american dream of self-fullfilling riches and fame now.
Why not just go ahead and reintroduce debtors prisons and get it over with.....
Shit, better not give them any ideas. Ooooopps, too late.
If you have a high balance on your credit cards, you may be in for a shock when the next bill
Within the next month, Bank of America, MBNA and Citigroup will raise minimum monthly payments on their cards from 2 percent of the balance to up to 4 percent, not including interest. Other card issuers are expected to make similar changes by the end of the year.
Credit card companies are under mounting pressure by the government to raise the minimum monthly payments to help Americans get out of debt more quickly. If you can't afford the increase, experts recommend that you contact your credit card company and try to negotiate a lower interest rate, which could offer some relief.
Gee, thanks Mr. GOP. I was having trouble paying my bills before, but now that you've protected me from declaring bankruptcy, allowing the MBNA to take my home and all possesions, and have now doubled my payment rates, I am sure that I'll fullfill the american dream of self-fullfilling riches and fame now.
Why not just go ahead and reintroduce debtors prisons and get it over with.....
Shit, better not give them any ideas. Ooooopps, too late.
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