I think so. I hate that credit will be the leading reason for the next economic crash heading our way.
I hate to say it but people should not buy so much, if they cannot afford it.
Having said that, the other side of the coin is that the companies that offer credit and then punish you for going over (when their computer is programmed to ALLOW you to go over) are fairly well at fault as well!
If you have a limit, then you should be denied (by LAW!), from exceeding it!
If they allow your going over, it should be a statutory increase of your credit line!
I am against outrageous bank fees too!
over draft, and then extended over draft fees and overdraft for THEIR charges!
these type of defrauding the public should be ended!
If you write bad checks then you pay! it is a crime everywhere, but it should also be a crime to force you over by the only system that you can use!
opinions?
2006-07-12
12:07:55
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6 answers
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asked by
athorgarak
4
in
Government