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peachpug142Lv1
28 Sep 2019
The Credit Card issuer has a culture that focuses on growth by targeting financially strapped people.
Assume that you are a member of congress, what would you do?
Create legislation that does not allow credit-card issuers to raise interest rates for those who cannot pay their bills.
Create legislation that makes it a crime for people like Cate Columbo to entice people to spend money on a credit card when they can't afford it.
I would not create any legislation. Credit-card issuers and people like Cate Columbo are not to blame for our financial problems. People must be responsible for their own behavior.
Invent other options.
The Credit Card issuer has a culture that focuses on growth by targeting financially strapped people.
Assume that you are a member of congress, what would you do?
Create legislation that does not allow credit-card issuers to raise interest rates for those who cannot pay their bills.
Create legislation that makes it a crime for people like Cate Columbo to entice people to spend money on a credit card when they can't afford it.
I would not create any legislation. Credit-card issuers and people like Cate Columbo are not to blame for our financial problems. People must be responsible for their own behavior.
Invent other options.
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Darryn D'SouzaLv10
28 Sep 2019