Monday, January 18, 2010

Stop the Abuse: It's Time to Break Up With Your Big Bank

There is so much published about the banking industry right now it's hard to keep up. I think there are three topics that are coming into play.

1. Last year's regulations on credit card companies are now coming into play.

2. New legislation commonly known as "We want our money back" is being worked on to recover the remaining balance of 500 million. See Whitehouse.gov for more information. I'm excited about this and hope you are too.

3. Finally, the big banks are continuing to find every out they can to continue to charge unreasonable rates, fees, and interest while continuing to forclose homes and take big bonuses.

A great article:

Stop the Abuse: It's Time to Break Up With Your Big Bank

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