Valentines Day|14 Reasons For Protest|Credit Reform

Did you know? The average debt for a single credit card is 3,000?

The average American has three credit cards. The average amount of credit card debt per American household is $9,000.

As little as $3,000 in credit card at 24% interest will end up costing the borrower $36,571. That's thirty six thousand, five hundred and seventy dollars. What's worse, once your rate is raised your other creditors will pillage and plunder your finances.

Last week Kasondra and I asked you to go to Credit Card Reform.org. We urged you to send U.S. Lawmakers a Valentines Day kiss of Protest. We asked you to join Americans For Fairness In Lending in demanding Credit Card Reform.

Why did we ask you to take action? There are too many answers to that question. This Valentines Day we'll give you 14 reasons to send a bitter sweet kiss to demand credit card reform.

1. The right to raise your interest rate at will.

2. Tricky terms and conditions.

3. Double Billing Cycles

4. Universal Default

5. Lack of fair disclosure

6. Changing grace periods

7. Outrageous fees
8. Hidden Interest Charges
9. Default Rates for cash advances

10. Automatic defaults for using your card at an ATM machine
11. Horrible fine print

12. Teaser Rates

13. Applying payment to the lowest A.P.R first

14. Since they are the "1st Party Creditor' they can legally stalk you.

To make it safe, secure and easy to send your kiss of protest, log onto CreditCardReform.org .

If you haven't watched "Maxed Out", it's a movie that will make you demand change. You can watch Maxed Out on-demand if you have a Netflix account.

Credit card abuse is prevalent and dangerous and poses a danger to you and all of America. This Tuesday the Associated Press aired a news story on WDBO AM in Orlando, Fl.. A Chase customer was complaining that he never made a late payment yet his Chase credit card A.P.R. was raised from 14.24% to 24%. Again, $3,000 at 24% interest will end up costing $36,571

What do you think? Speak out! Send us your comments, or questions. Send Link Trade and Media inquires to: Jford@debtwarriors.com.

Wishing you Financial Security!

We are Debt Warriors!