For long, money lenders have tried to take advantage of borrowers. Mortgage financers imposed huge interests on the properties they mortgaged and banks also followed suit. I really don’t need to emphasize on how credit card agencies harasses their clients. Recently, owing to the Credit Card Accountability Responsibility and Disclosure Act of 2009, the credit card agencies and other money lenders, fully knowing that their money extracting games will not be entertained by the government from 2010, hurriedly came up with new ways to extract whatever they can till the last moment. So interest rates were hiked further, overdraft fee stringency, lowered credit limits amongst others. The clients are not lambs to suffer these atrocities anymore. They have already started revolting. Let us see some [...]

The credit card providers in America have been callously ripping off noiseless consumers since decades. Uncontrolled (or rather unnoticed) by the controlling authority, these providers are making life miserable for most of the population that is completely depended on plastic money by materializing with various money-sucking strategies with no ramification at all. This woeful serious of events has obliged the mass to protest against sudden raise in charges, inexplicable fees, raise in interest rates, and other cash making ways. However, it seems that the reign of credit card plunders will last just for a few more weeks. Clauses for consumer safety is noticeably mentioned in the Credit Card Accountability and Disclosure Act drafted in 2009, but will be effective from February 2010.  A savior [...]