How much sense does it make for the credit card companies to unilaterally raise interest rates to a level of usuary (in my opinion) when people are struggling in an extremely challenging economy? It is a complete recipe for further disaster. We bail out the banks, so they can stick it to us with their greedy practices. Where is the American taxpayer’s “bail out”?  I believe most cardholders really want to pay their bills and, if the companies would work with them, they would be made whole. Instead they push people to the edge until they force them into bankruptcy and, for some, suicide. 100% of nothing is still nothing, when that happens. This is a time in America when we all have to work together and help one another. Somehow that message has escaped the banks whose poor business decisions and greed have devastated many, affected everyone and have done it in a cavalier manner.

I, for one, look forward to the day when I never will use a credit card again. Maybe they have done me a favor after all!!!