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Congress to Crack Down on Credit Card Companies?

Well, anything is possible I suppose, with the Democrats taking control of the congress. But I guess regardless of the political part in control of congress, we cannot be sure of who is giving significant campaign contributions to a political party and large credit card subsidiaries and conglomerates.

Here are some of the things that anti credit card lobbyists are pushing congress to in turn push credit card companies to do. They would like to see some sort of warning system or disclosure in place about minimum monthly payments.

Since we all know making minimum payments if what the credit card industry wants us to do, so that in the end they get more interest money from us, the anti-credit lobbyists don’t want to see the credit card companies get too much money from consumers.

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