Obama and Finsec: Yes we can!

With street parties still in full swing celebrating the historic election of Barack Obama, the Gossip has an important question to ask: what about me? And, yes, we have found that Obama does have some things in common with Finsec.

President-elect Obama has policies to address predatory credit card practices, including:

•    Establishing a five-star rating system so that consumers know the risks

•   Establishing a Credit Card Bill of Rights to stop exploitation of customers

•    Apply interest rate increases only to future debt, prohibit interest on fees, and require prompt and fair crediting of cardholder payments

Now, if we could only get Oprah Winfrey to back the Better Banks campaign

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