Left out in the Bail Outs? Final straws as the colluding monopolies continue to pilfer us out of existence (at 30% rates)? Have they eased lending? Or, have most dominant lenders used their propped-up fortunes (borrowed at 0.25% rates) to expand (take) – without giving anything back (as supposedly intended)? In direct relation to the latter, as well as ongoing predatory practices from the credit card industry (syndicate), there are positively assertive ways to make stands for ourselves and our communities in this regressive environment:
Time For a Credit Union Movement:
Combined with the following, we can make significant impacts, while sending irrefutable (“bottom line”) messages:
Time for a Community Bank Movement:
Faith Leaders May Move Money Out of Bank of America
Sugar-Coated Status Quos: Let the Markets Grow
Measuring the Move: $20 Million and Counting
Update (02-23-2013): More than three years since Predatory giants (like Capital One) caused uproars from millions, their practices remain the same. If my local credit union assesses a credit score of 796 combined with a perfect credit history as worthy of a new credit card account with more than double the credit limit and half the interest rate of a card I have maintained (in the most exemplary fashion) with Capital One for almost fifteen years, why would Capital One refuse to either lower the interest rate or raise my credit limit (on the same card/account they targeted along with almost everyone in the nation during their “Due to the Economic Environment” scam of 2008 and 2009)? Because a certain “Environment” continues – without repercussions (they can’t just laugh at).
[…] Bank of America sent notices far in advance to their customers explaining the new rules.” Let us respond – vociferously. In this collusive scenario, our incensed reactions and motivated decisions are […]
Read all of your blogs…
Truth rings out, loudly!
Thank You, again, for all of the highest honors and gifts (such as this one). (Still dying for a certain Answer.) (6-11-2017: There is no way I can express, enough. . . .)
[…] Credit Unions and Community Banks: Send a Message […]
In Jail for Being in Debt
http://www.startribune.com/investigators/95692619.html
Owe Money? You Might End Up in Jail
http://www.alternet.org/story/147258/owe_money_be_careful%2C_or_you_might_end_up_in_jail
650,000 Americans Joined Credit Unions Last Month — More Than in All of 2010 Combined http://www.alternet.org/newsandviews/article/690159/650%2C000_americans_joined_credit_unions_last_month_%E2%80%94_more_than_in_all_of_2010_combined/#paragraph3