Vince Teachout wrote:
> Can't wait until 2010 when the new regulations go in effect. Funny how
> banks can instantly raise our rates, and make contractual changes, but
> require more than a year to make a change like "Payment is applied to
> balance with highest rate first."  Maybe they should hire more VFP
> programmers.   :-)


I didn't hear about this news.  Is that it--that the payments will now
be applied to the highest rate first?  That's the opposite of the way it
is now, isn't it?  These freakin' banks need to held accountable.  I'm
under the impression that the government recently did things to free up
money for banks, but the banks are hoarding it and not helping
essentially to solve the credit crisis problems?  I never know who to
believe any more, when it comes to political stuff.  Each side says
something different!




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