Also to add to this, on the news I did hear that these reforms were now in place:
- The banks can no longer increase the interest rates on past charges
- The banks could not increase interest if one made a late payment
Finally, why am I even mentioning to this group.. Primarily because we as a parent and family must realize that everything affects us as to the success of our families.
So FYI, here is the email I received today:
I've been hearing from my colleagues on Capitol Hill that a key Senate committee could be voting as early as this week on strong financial reforms.
And I've also heard that lobbyists are working around the clock to stop real reforms – allowing some of the same reckless behavior that led us into the current crisis to continue.
That's why we need to flood our senators' offices with calls of support, urging them to pass strong financial reform that protects Americans who play by the rules.
Here's how you can help:
Dial 1-800-335-6946 now and follow the steps below to urge your U.S. senators to vote for reform.
- After you've dialed 1-800-335-6946, follow the prompts to enter your zip code. Then press "1" to connect to your first senator's office.
- Tell the staff person who answers the phone where you are calling from and that you strongly urge the senator to vote for strong financial reform.
- You can choose to end your call there, but if you'd like, you can also mention that those who caused the financial crisis should be held accountable for their recklessness and that Americans who play by the rules should be protected.
- We need each and every senator to stand up for financial reform, so please call 1-800-335-6946 a second time. Once again enter your zip code, then press "2" to be connected with your second senator.
- After you're done, click here to let us know you called. This step is important for us to be able to measure the impact we're having, so please don't skip it!
This is a critical moment for the future of our country. It's our chance to ensure that those who caused the financial crisis are accountable for the damage they've caused, to protect consumers and small businesses, and to promote long-term economic growth.
Please call your senators and urge them to support real financial reform.
Thank you for your help on this urgent matter.
Sincerely,
Barry Jackson
Senior Manager, Grassroots
Senior Manager, Grassroots
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