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POPSFactcheck.com checks out 2007 lies! Read the article linked here. Everyone in public life stretches the truth or lies and hopes no one will check it out. Maybe they were given false data by their aides...maybe NOT! READ THE FACTS!
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POPSCommon Sense & Credit Cards This industry is practically unregulated and is a major cause of rising personal debt. You purchase an item when the rate is 9% and end up paying for it at 19% while never missing a payment. You are subject to mediation by an entity controlled by the banks. Most of what you are paying is not related to what you actually bought. The consumer needs protection.