Just like we receive change notices to our credit card holder agreements, there should be a change notice agreement sent to all the banks accepting bailout money or transfering toxic assets to the government.
- Cash bailouts shall be charged the Cash advance rate of 19.24%
- All Transfered debt shall carry a 3% transfer fee
- A late fee of 1% shall be charged on late payments plus a late payment fee
- Late payments may trigger default rate of 21.3%
- If you need to borrow more money an over the limit fee will apply
Why shouldn't we treat the banks the same way that they treat us? They have been pounding us for years with late fees, transfer fees, over the limit fees and of course high interest rates and cash advance fees. I thought turn about was supposed to be fair play?
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