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  1. #1
    One More Time

    Join Date
    Mar 2008
    Local Union
    245
    Employer
    RoadWay Express
    Location
    In the Ozarks
    Posts
    2,846
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    506

    Default Please read your participation is much needed !!!

    There is a Senate bill called S-582 that needs our support and anyone who we can get to call our senators office's and demand that they support this bill..The just of the bill is that Visa/Mastercard/discover and any other credit shark company CANNOT CHARGE OVER 15% in INTEREST... Senator Bernie Sanders is co-sponsoring this bill with I have already forgot the other cat's name. But as Bernie said credit Union's can only charge a maximum of 15% interest and they make money usually charging far less.. Now Snortin Nortin says "so these damned credit card companies should be just fine & dandy with 15% as thier new maximum charge, and if they are not well to he!! with them!!"....

  2. #2
    Dragon Master

    Join Date
    Mar 2008
    Local Union
    776/771
    Employer
    Yellow Freight
    Location
    Middletown,Pennsylvania
    Posts
    2,915
    Rep Power
    320

    Default Re: Please read your participation is much needed !!!

    I've seen interest rates on credit cards as high as 27%. I said to hell with that and paid off my credit cards and I will not under any circumstance ever have another one.. At one time you could actually call a credit card company and actually get to talk to a real person and get your interest rates dropped. Now you get transferred to India or someplace else in the world.

  3. #3
    Green machine

    Join Date
    Mar 2009
    Local Union
    251
    Employer
    new penn
    Location
    rhode Island
    Posts
    46
    Rep Power
    134

    Default Re: Please read your participation is much needed !!!

    As far as i am concerned we did just fine before we any cards at all so burn them if u cant control your self.

  4. #4
    Getting In The Groove Now.

    Join Date
    Mar 2009
    Local Union
    830/500
    Employer
    Hygrade Food Products
    Location
    Cherry Hill,NJ.
    Posts
    46
    Rep Power
    141

    Default Re: Please read your participation is much needed !!!

    Say Snortin Norton? That's a Bill we all should be supporting ! Even if you never had a credit card ! I've been a Visa gold card member since 1994 and I don't think I've had a rate like that in years ! I'm surprised i haven't heard anything about this Bill on the News ? Thanks for the info ! I'm gonna go to the Congressional web site and get all the information and contact my Senator ! Lou Dobbs would probably be interested in this Bill too ! Thanks again for the info !

  5. #5
    One More Time

    Join Date
    Mar 2008
    Local Union
    245
    Employer
    RoadWay Express
    Location
    In the Ozarks
    Posts
    2,846
    Rep Power
    506

    Default Re: Please read your participation is much needed !!!

    I heard about it Friday on the Thom Hartmann show... That guy oughtta be Prezzzzz....

  6. #6
    Getting In The Groove Now.

    Join Date
    Mar 2009
    Local Union
    830/500
    Employer
    Hygrade Food Products
    Location
    Cherry Hill,NJ.
    Posts
    46
    Rep Power
    141

    Default Re: Please read your participation is much needed !!!

    That's a good Bill ! I looked It up on the Congressional web site the first day you posted about It ? They didn't even have the text yet? It was only submitted on 3/13/09,I think? It's there now though if anybody wants to read It ? Thanks for the info and I'll pass It around !:flag

  7. #7
    PROUD UNION PUNK

    Join Date
    Aug 2008
    Local Union
    200
    Employer
    WMI
    Location
    Menomonee Falls, WI
    Posts
    312
    Rep Power
    161

    Default Re: Please read your participation is much needed !!!

    First, gasoline, then the smokes, now credit cards. Fleecing only happens to sheep. Americans are used to a lifestyle of buy now pay later. We bought alright, now we pay.

    D.-

  8. #8
    Getting In The Groove Now.

    Join Date
    Jan 2009
    Local Union
    443
    Employer
    roadway express
    Location
    new haven ct
    Posts
    164
    Rep Power
    135

    Default Re: Please read your participation is much needed !!!

    no more easy credit new game in town -get it up.. just got a notice from card co..rate goin up to at least 13 % from 7.9%

  9. #9
    Green machine

    Join Date
    Mar 2009
    Local Union
    251
    Employer
    new penn
    Location
    rhode Island
    Posts
    46
    Rep Power
    134

    Default Re: Please read your participation is much needed !!!

    Time to sh.t can that card. If enough people do it thay will about it first.

  10. #10
    Getting In The Groove Now.

    Join Date
    Jan 2009
    Local Union
    443
    Employer
    roadway express
    Location
    new haven ct
    Posts
    164
    Rep Power
    135

    Default Re: Please read your participation is much needed !!!

    Quote Originally Posted by butch251 View Post
    Time to sh.t can that card. If enough people do it thay will about it first.
    it won't be the first one i s--- canned. those that are maxed out and there are plenty and using 3 cards are screwed average cardholder has 6-$10,000

 

 
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