Average Credit Cards with Great Rates

It’s been said, that real hatred is only possible when it is derived from something you love; and America loves credit cards. The problem is, credit cards are simply a one night stand that fulfilled our lustful desire during a moment of weakness, and now we’re stuck with them. To quote the movie Wedding Crashers, they’re a “Stage Five Clinger”. Now we are faced with the unavoidable task of kicking them out of our lives, unless we go back for seconds, which cements the relationship.

The hardest thing about being a writer is the daily task of developing interesting ideas to write about. If you factor in the fact that I’m a financial writer, which usually generates a yawn while reading the title, it’s really hard. Before I begin to write, I get most of my ideas by scanning the financial headlines on Google to see what topics are hot and which are not. While looking for ideas today, one article in particular stood out to me; and this seems to be the consensus among writers on the subject:

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I think everyone can agree that the liberal guidelines and liberties exercised by most credit card issuers needs to be reined in. Credit card companies have the ability to change interest rates, fees and credit limits for just about any reason they deem necessary. This leaves consumers, who dare to carry a balance from month to month, completely vulnerable to market swings and the mood swings of the credit card issuers. The credit card companies call this “risk-based management”, and this is exactly what New York Democrat Carolyn Maloney aims to change with her Credit Cardholders’ Bill of Rights.

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Okay, the sky isn’t falling and America is not going to fall into a depression. President Bush painted a pretty grim picture to Americans when he made his plea for Congress to act quickly. During the President’s speech he warned, “The value of your home could plummet…. More businesses would close their doors, and millions of Americans could lose their jobs…. Ultimately, our country could experience a long and painful recession.” The scenario he painted is possible, but not probable.

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Predictably, in the midst of our nation’s largest financial crisis, our trusted representatives are playing politics as usual. Before undertaking this bill of monumental proportions, our representatives assured us that this bill would be passed quickly and with bipartisan support. As promised, everyone gathered together, holding hands and singing “Kum Ba Yah”, expecting to pass a bill and snap a picture. Then Nancy Pelosi stands up and delivers a speech that’s akin to “Nanny Nanny Boo Boo, I Told You You”, which prompted the Republicans to respond with, “I’m rubber and you’re, glue whatever you say bounces off of me and sticks to you”. Then everyone picked up their toys and went home.

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