Apparently 10,000 homes get foreclosed upon each and every day. Since Valentines day, almost 3 million more homes have been foreclosed upon.
There is a new credit bill being proposed that is supposed to cap credit card interest rates at 16%. The republicans are OPPOSED to this bill, remember that the next time you vote.
If you want more balance in congress between democrats and republicans, then tell your republican congressman YOU WANT A CAP ON CREDIT CARD INTEREST RATES or you won't vote for them next time around.
Our entire economy would be better off paying a 3-5% monthly minimum on 16% or less interest rates versus paying a 2% monthly minimum payment on interest rates that go as high as 29.99%