By: Dave

Dave — Thu, 03 Jul 2008 02:01:47 +0000

I think one way to help the people with a credit card debt would be
able to deduct your interest paid on cards off of income tax
returns. I used to be able to, but somewhere the banks and the big
boys decided to change all that. This would be like a tax break for
all of us. Also since the credit card companies charge such a
ridiculous rate, if you have had bad credit why not use some of
that high interest money to pay an insurance policy to cover the
debit in case of your debit? The .79 cents per hundred is crazy
when the bank is in the insurance business too. They've got the
best of both worlds. I've been through the mill since 2000. I had a
predatory lender, Countrywide. Sure, you've all heard of them.
Well, in 2000 we were unaware of what was going on. I lost my home,
a small business and all of my 401 to these great people and am
really a little bitter and p---ed off. That’s all I have to say for
now. If you would like to respond I'll listen.

Comments on: Presidential Candidate’s Credit Card Debt

By: Dave