Capping credit card fees? At what, 25%?
35% APR, compounded DAILY?
What fees are we talking about? They're already cash-it-here high. It's there something worse than that? Is the president making their interest remain at a reasonable amount above prime?
Now THAT WOULD be a cap worth bragging about.
PS: How about cash-it-here, and title-loan, and buy-here-pay-here, and instant-refund tax preparers, and accident attorneys, and bail bonds, and pawn shops, and rent-a-centers, and dollar tree/dollar general, and all the other predatory bad-financial-decision institutions we allow to thrive in poverty-stricken areas?
We know what we're doing, and we just let that shit happen. Fuck us, we deserve whatever comes.