Pamela,
As the economy continues to tank thanks to Trump's disastrous economic policies, more and more Americans are relying on credit cards with higher-than-ever interest rates for everyday expenses. People are struggling, and yet loan sharks and credit card companies keep preying on us to make themselves richer.
Credit card interest rates are at egregious levels, with an average of 28%, and Americans owe a record $1.21 trillion. This bleak reality is why Bernie Sanders has introduced a bill to cap credit card interest rates at 10%. This idea has bipartisan support: Trump himself campaigned on the very idea. We need to take action now, before monied interests do what they can to kill this bill.
We can make our financial system better for us all – but only if you stand with us today. Sign on to SUPPORT a cap on credit card interest rates!
Big bank lobbyists want to keep charging Americans hundreds of billions of dollars in interest rates and fees every year while the Trump administration continues to chip away at consumer protections, like dismantling the Consumer Financial Protection Bureau. We cannot let this continue. In times like these, when the White House is actively working against the American people, we need to loudly support the work of elected officials like Bernie Sanders, who are fighting for the benefit of everyday people.
Take action now and tell Congress: Support the Sanders bill to cap credit card interest rates!
Credit card companies can't keep stealing from us. We must take our power back.
In solidarity,
Mike Phelan
Progress America
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