From the Wall Street Journal, here’s another reason I’m planning to cancel my current credit cards (which I pay every month in any event) and do business with institutions that choose not to screw their customers:

The committee overseeing federal banking-bailout programs is investigating the lending practices of institutions that received public funds, following a rash of complaints about increases in interest rates and fees.

Bailed-Out Banks Face Probe Over Fee Hikes

One thought on “Financial Industry’s Unbelievable Greed

  1. how will you function, esp. on the road here and internationally, with no credit card? rolls of quarters?
    BTW – did you know that people who pay their full balances each month, as you say you do (and I do) are called deadbeats in the industry? we are all overhead to them…

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