| Comment Number: | 545091-00883 |
| Received: | 11/4/2009 |
| Commenter: | MR Dave Luckens |
| Organization: | |
| State: | KY |
| Agency: | Federal Trade Commission |
| Rule: | 16 CFR Part 610 Amendments to Rule to Prevent Deceptive Marketing of Credit Reports and to Ensure Access to Free Annual File Disclosures |
| No Attachments |
Comments:
YOU GUYS KNOW THAT COMMON DECENCY,LET ALONE COMPETENT GOVERNANCE REQUIRES THAT YOU FIX THIS APPALLING PRACTICE-IT AMOUNTS TO MUGGING FOLKS IN BROAD DAYLIGHT-WE HAVE COME TO ACCEPT THEM LOANING US OUR OWN MONEY-HELL.THEY BYPASS THE PART WHERE THEY ACTUALLY PAID A PITTANCE FOR FUNDS THEY CHARGED US AN ARM AND A LEG FOR-I UNDERSTAND THAT ONE THIRD OF THESE CARDS CHARGE OVER 20 PERCENT INTEREST-IN ANY EVENT,EVEN THE LOBBYISTS WHO WRITE THE BANKING LEGISLATION KNOW THAT CHARGING A FEE FOR SERVICES OFFERED FOR FREE SIMPLY CAN'T STAND -HIDDEN CHARGES ARE ONE THING-BAIT AND SWITCH HAS BECOME AN INTEGRAL PART OF THE BIDNIZ PLAN-OFFERING CREDIT CARDS TO PUPPIES MAY BE ROUTINE-BUYER BEWARE IS THE AMERICAN WAY-BUT FREE MEANS FREE-NOT A COST WHICH SHOWS UP IN A DIFFERENT COLUMN -THE "ONE BORN EVERY MINUTE " CATEGORY," FIX THIS.