Debtor's Revolt Update: Victory! »
Posted By TechnologyExpert 3 months, 1 week ago in Business & FinanceAnn Minch, who singlehandedly started a "debtor's revolt" within the last couple of weeks, after seeing huge increases in her credit card interest rate, has declared victory. In a follow up post on YouTube, Minch stated that Bank of America has agreed to reduce her rate.
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TechnologyExpert
I am Editor-in-Chief at Alice Hill's RealTechNews (http://www.realtechnews.com). I also have my own blog (Tech-Ex) at http://TechnologyExpert.Blogspot.com. Finally ...
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Dionys3 months, 1 week ago
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Consider that most people today who pay their bills on time see an APR around 18%, and it's a minor victory.
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Frankly I think everyone in America should stop paying their credit bills until Card companies agree to a 10% cap for anyone who's paid their bills on time for 6 months or more.
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