It is outrageous that inaccurate credit reports could damage one in four consumer's ability to buy a home, rent an apartment, obtain credit, open a bank account, or even get a job.
More Quotes from Ed Mierzwinski:
Bank mergers take away competitors and create bigger banks. The studies that we have done show that bigger banks have bigger fees.Ed Mierzwinski
Credit cards offer convenience. Credit cards offer emergency life preservers. If you start to use your credit card for daily expenses, and you start paying for pizza at 18 percent interest -- do the math.
Ed Mierzwinski
The law allows credit card companies to change your rates and terms at any time, for any reason.
Ed Mierzwinski
Early termination penalties prevent consumers from voting with their feet when their cell phone company treats them wrong,
Ed Mierzwinski
I'm encouraged that some issuers are doing this. I think penalty fees are a disingenuous way of making money, ... I'm encouraged the marketplace is responding to pressure from lawsuits and consumer complaints.
Ed Mierzwinski
Money talks and the phone companies know that.
Ed Mierzwinski
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