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Tag: Credit Card Debt

Republicans Waging War on CFPB Have Received Millions in Donations from Banking Industry

By Donald Shaw and David Moore, Sludge Weeks after the Consumer Financial Protection Bureau announced that it was planning to cap credit card late fees…

Your Credit Card Company Is Ripping You Off With ‘Late Fees’

Video narrated by Eric Gardner, reporter at More Perfect Union Eric Gardner: This may be the biggest scam that we’ve all just decided is normal.…

Wall Street Banks Huge Profits Off Surging Credit Card Debt

Major Wall Street banks are making billions from the Federal Reserve’s efforts to fight inflation, while American consumers are loading up on debt and falling…
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