It is amazing that in a "civilized" country banks are allowed to do this... This was also a point made in the movie "Maxed Out". The banks are piling credit card offers on people that just declared bankruptcy... Why? Simply because they cannot file again and would have to work for the rest of their lives to pay the 29.99% interest rates that the banks impose on them
Simply beautiful. You got to love this system. It makes you wonder: banks can rob people but people go to jail for robbing banks???
"The people coming out of bankruptcy need an opportunity to get back on their feet," said Laura Fisher, a spokeswoman for the American Bankers Association.
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Wednesday, September 5, 2007
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