Tuesday, June 16, 2009

New Agency to watch for Credit Cards and other financial products

President Obama is expected to unveil a new government agency Wednesday that will watch over financial products offered to consumers such as Credit Cards , Mortgages ...consumer product safety commission ...the last bust in the economy was partially caused by the fact that many people took on mortgages that they could never pay in a million years and they were taking on loans on credit cards that had 25% or 30% interest rates , people should be more responsible but financial companies should be more responsible too , and that's what's this watch dog agency is all about

1 comment:

  1. What a joke thia agency is. Politicans are resposnible for the current crisis,

    ReplyDelete

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