Karl
Highlands Ranch,#2Consumer Comment
Thu, June 11, 2009
When banks are raising interest rates on consumers who have good credit, you can be CERTAIN that they're in DEEP TROUBLE! Keep in mind, the FED has LOWERED the rate to around 0% to .25%, correct? These banks SHOULD be LOWERING interest rates to their customers, wouldn't you agree? 'Google' this- RIP OFF REPORT GM CREDIT CARD SERVICES, and read Betty's Rip Off Report from the summer of 2007. Look what GM Credit Card Services did to her! They RAISED her rate from 10.99% to 32.44%. Also pay attention to what was stated in the '1st Update' to that Rip Off Report regarding- QUOTE: 'The Collapse of the U.S. economy'. And look what happened to GM shortly after they did this to her! GM all but COLLAPSED, didn't they? And TAXPAYERS are BAILING THEM OUT, aren't they? WELCOME TO THE BIGGEST PONZI SCHEME OF ALL- THE U.S. ECONOMY!