I'm not sure about this whole cap on interest rates thing... I mean, think about it - what's gonna happen after a year? Are they just gonna keep raising them or what? It sounds like a Band-Aid solution to me. And don't even get me started on the banking industry, like, how are we supposed to trust that they're gonna be all nice and fair if there's no profit involved? And what about people like Selena Cooper who have to pay their bills every month? That kind of uncertainty is stressful enough without having to worry about interest rates. Can't we just get some real solutions for once? Like, how about making debt counseling more accessible or something? At least then you'd know where you stand
omg I feel so bad for people like Selena she's literally living paycheck to paycheck I think the 10% cap on interest rates is a good idea, but it also depends on how they implement it... maybe they could have some kinda safety net for ppl who can't pay back the money? my aunt had credit card debt too and it was really stressing her out... if this plan passes I hope it helps people like her get back on their feet
I feel so bad for people like Selena, she's already going through a tough time with losing her job and now she's got $6k in credit card debt It's not just about the money, it's about the stress and anxiety that comes with it. If a cap on interest rates can even help alleviate some of that, then I'm all for it It's not like it's going to break anyone, but for those struggling, every little bit counts
omg, $6k in credit card debt is like, so not okay ... I feel for Selena Cooper, her anxiety spikes just thinking about it... maybe this 10% cap would help ppl breathe a bit easier?
omg i feel so bad for ppl like selena cooper she's already goin thru a tough time losin her job & all, but addin credit card debt 2 the mix is just too much 10% cap on interest rates cud make a huge difference for her & ppl like her, plus $100 billion in savin interest costs? that's some major benjamins i get where the banking industry's worried bout lending & fees, but c'mon, prioritize the people over businesses for once this could be a game changer 4 millions of americans strugglin 2 make ends meet fingers crossed it becomes law soon