Ok is it just me or does everyone hate the fact that we are held ransom by credit card companies. Granted we got ourselves into this debt but to increase percentages just tightens the noose around families struggling to make their payments thus fueling more of the foreclosure market. These companies also share a portion of the responsibility by offering easy money to struggling people. Maybe decreasing credit limits would work better than increasing interest rates. Increasing interest rates is more profiteering on big business part.

Reality Check : I am not against making a profit but profiteering needs to be stamped out of the economy if anything is going to improve. Greed hurts everyone.

If you are ready to begin to fix the broken system and want to regain control of your financial future go to www.mastersmoney.com

Get real with yourself and start spending within your means. It is only then that you will be able to sort out the mess.

Tags: financial future, foreclosurefamilies struggling, greed, Increasing interest rates, profiteering, spending