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If we do nothing now against Chase Bank's plan to raise monthly minimum payments on over a million of their never late, trustworthy customers, we will only have ourselves to blame.
In California, the people did something and started fighting back. Unfortunately, I don't believe it was correct to completely blame the state of California for the debt monster that the Credit Card companies first helped create, then won't help reduce by offering realistic credit card paydown programs that use INCENTIVES rather than punishment.
Read the AP article and you will discover an insidious debt cancer that starts when the credit card companies over charge for their services. The link above takes you to Bloggers Against Chase Bank for a more complete explanation of what the AP has uncovered, along with a link to the actual article.
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