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The banks are at it again! Your emails to Congress in support of immediate reform to rein in credit card abuses are vital to our nation's economic recovery. Federal agencies passed new rules to help end these tactics, but they won't implement them until mid-2010. We can't wait that long for reform the banks already are hiking interest rates and fees on our credit cards to increase their profits. If you have friends and family who also are frustrated with how they're treated by their credit card company, please forward this message on to them. We need all the voices we can to counter the big banks and financial institutions who want to keep holding all the 'cards.' You shouldn't be forced to pay higher interest rates and fees because the banks are looking for ways out of the financial mess they helped create. Your message has been sent to the following decision makers: Representative Carolyn B. Maloney Senator Kirsten Gillibrand Send a message to your friends: Please help us spread the word about this issue - type your friends' email addresses into the box below and we will forward this alert to them on your behalf. Together we can make a difference! Send Email to: (Separate multiple addresses with commas) Note: We respect your privacy, and do not capture the email addresses you enter below. For further information, see our <http://www.consumersunion.org/aboutcu/privacy.htm>Privacy Policy Subject: Message (optional): The big banks and credit card companies are at again! Despite billions in taxpayer bailouts, they're hiking interest rates and raising fees on our credit cards, often for no reason whatsoever. In this collapsing economy, we don't need the big financial institutions looking to our credit cards for ways out of their financial mess. Members of Congress just reintroduced bills to rein in these abuses, and we need them to pass now! The Federal Reserve agreed credit card reforms are needed, but then gave the companies 18 months before they have to comply. When our rates go up, we're lucky if we get 24 hours notice, not 18 months!! So until the middle of 2010, card companies can increase our rates and fees and continue to squeeze us to make up for their losses on Wall Street. Please join me in sending an email to your elected officials urging them to pass credit card reforms and implement them now not in 2010. It is time to prohibit credit card companies from arbitrarily hiking interest rates on our card balances, and stop 'bait and switch' clauses that let them change interest rates and fees for any (or no) reason whatsoever. The more people who send a quick message to their Senators and Representative, the better chance we have at putting Main Street, not just Wall Street, first in the economic recovery. Take action at: http://creditcardreform.org/ Thank you! --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to Mark Crispin Miller's "News From Underground" newsgroup. To unsubscribe, send a blank email to [email protected] OR go to http://groups.google.com/group/newsfromunderground and click on the "Unsubscribe or change membership" link in the yellow bar at the top of the page, then click the "Unsubscribe" button on the next page. For more News From Underground, visit http://markcrispinmiller.com -~----------~----~----~----~------~----~------~--~---
