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To: sickoflibs
Now the CC companies have to raise rates of more consumers to spread the new risk.

Yeah. One of my card companies blandly announced that my new interest rate would be 29.99%

76 posted on 11/13/2009 11:51:27 AM PST by null and void (We are now in day 296 of our national holiday from reality. - 0bama really isn't one of US.)
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To: null and void

He has spent more money faster than any other president in the history of this country.


78 posted on 11/13/2009 11:54:15 AM PST by clove (In God we Trust, all others need a birth certificate and picture ID)
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To: null and void; rabscuttle385; ding_dong_daddy_from_dumas
RE :”Yeah. One of my card companies blandly announced that my new interest rate would be 29.99%

One thing that urked me was that CNN did a story on that about 2-3 weeks ago, about CCs raising rates and they blamed the CC companies for trying to loophole the new regulations. But clearly this was a consequence of the reform and the CCs companies were reacting legally. You can imagine what they will say when Obama care raises our insurance premiums, "those greedy companies".

89 posted on 11/13/2009 12:12:37 PM PST by sickoflibs ( "It's not the taxes, the redistribution is the government spending you demand stupid")
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