Reply #26: That is ridiculous. Would they also start arresting people for debt?

[rumpel]

While there are many crooks, who use bankruptcy as a standard way out of paying, Child Support and lenders are completely different issues. The laws are all favoring lending institutions already. Mass mailing of deceptive "approved" and "pre-approved" invitations, even my minor child receives every day, first have to be regulated. People are being promised a very low rate, only to discover later that the interest rate adusts to the lenders' discretion. For some unsuspecting consumers, a $200 balance can mushroom within months, trapping them into an ever deepening debt.
And as I posted in another thread some time ago, LA Times reported that credit card companies, among them admittedly, Bank One, delibertaley lower consumer credit ratings, by not reporting the credit limit as a policy, making it look that the consumer is maxed out, as the reporting agencies use the existing balance as the limit.
This is another example of the repubs favouring their corporate donors over their citizens.:grr: