Credit Card Debt!

Every three minutes another person falls behind on credit card debt.  It’s no wonder, since every major credit card company has nearly doubled the minimum monthly payment on consumers’ bills.  Federal Regulators forced the change because of their concern about the growing mountain of consumer debt, which stands at $2.17 trillion.  Many consumers can only pay the minimum payment, which can take up to 30 years to pay off.  No, relief is in sight for millions of Americans. This has become a very serious problem that needs to be addressed. Remember….. The debtor is subservient to the lender.

This applies to Washington too!!