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  • Not vetted for CNN

    • Click to view ELafayette's profile
    Posted October 16, 2012 by
    ELafayette
    Location
    Los Angeles, California
    Assignment
    Assignment
    This iReport is part of an assignment:
    Questions for Candy Crowley

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    Credit card Robbery

    By ELafayette  |  Posted October 16, 2012  |  Los Angeles, California
     
    The bank borrow money with an interest rate of 2% to 3%. I shopped the market for a credit card recently and I have a good credit score but all the offered I had so far are credit card with interest rates from 22% to 24%. It is pure robbery. Although the crisis has lowerd interest rates dramatically for bank that borrow and big investor the average American is paying outrageous interets rates on credit card.
    Cindy could you ask Goveror Romney and President Obama what are they going to do to stop this robbery of the American people.
    Thanks
    Eric Lafayettte
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