News item: On Thursday, July 31, the House Financial Services Committee approved our priority Credit Cardholders’ Bill of Rights, HR 5244, on a 39-27 vote. The bill would ban the worst unfair credit card practices, such as raising your interest rate to 36% APR or more because your payment was as little as one hour late or because your credit score declined, even if you had a perfect payment history.
The bill has 155 co-sponsors... but only two Republicans?
Since they're the party of Jesus, there must be something in this bill Jesus wouldn't like. Let's see what the Bible has to say about usury...
Hmmm... still puzzling...
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