SenatorDorgan asked:
The Senate voted May 19 to approve legislation that protects consumers from unfair practices by credit card companies. Senator Dorgan gives his take on the bill.
#1 by maxnorthdakota - July 2nd, 2010 at 05:55
Didn’t stop tricks like. not sending a bill one month. which can not be paid without official billing statement. thus making you delinquent. and then in default. and that makes all your credit cards so. and all due Now ! dirty pool ? just regular business for them.
#2 by mortech100 - July 2nd, 2010 at 06:23
Mr Dorgan i usally agree with u but this law is a Joke sorry to say yes nice start but over all a total waste of time for the most part. U say they cant raise intrest rates yes they can and with no cap still. u guys need to put a cap on intrest say Prime Rate + 6% would be nice and fair. go after these check cashing places to there intrest is up to 125% apr thats crazy and should be stoped NOW
#3 by mortech100 - July 2nd, 2010 at 23:59
My wife works for a CC company in fargo here this bill i really **** to say is a joke. its a start but over all it will do nothing. What needs to b done is a over all CAP on intrest rates for example Prime+6% apr cap would b a nice start. Intrest rates on CC can be jumped up for no reasion what so ever that is a FACT read any card holder agrement it will tell u that. Also go after these check cashing places most of them charge 125% apr thats crazy.
#4 by ukraineisforlovers - July 4th, 2010 at 16:58
Not to be a pretentious arse, but Hello Kitty is perhaps as in-style with certain 20 and 30 somethings as much as it is with teens. It’s weird, but so is the Hello Kitty trend in general.
#5 by stuartzoo - July 7th, 2010 at 13:55
Been loving you since your remarks on oil speculators–with the parrot cards. lol. One of my favorite Senators! Much love from Johnstown PA!
#6 by dmeckle - July 9th, 2010 at 23:16
thank you senator