Oklahoma Independent Media Center

With the rising costs of college, gasoline, food, health care, and other expenses, credit cards are becoming the "safety net" for an entire generation. Unfortunately, credit card companies are using unfair and even predatory practices to increase their profits at the expense of the financially vulnerable or inexperienced. You can read more about these anti-consumer practices here.

There are several efforts in Congress and in the Federal Reserve Board to reign in these anti-consumer practices. In fact, the Credit Cardholders’ Bill of Rights will probably be considered in the House Financial Services Committee by the end of the month.

Campus Progress Action needs your help to make sure that your representative takes this issue seriously. It is particularly important to contact Rep. Frank Lucas (R-OK), since he is on the Financial Services Committee and is undecided on the Credit Cardholders' Bill of Rights.

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