Should Banks wake up and smell the coffee?

The tobacco industry had to be regulated by an act of Congress to curb sales of cigarettes to minors. Clamping down hard on advertisers to save lives right ?

Isn%26#039;t it time banks %26amp; lending institutions be responsible just like we made the tobacco industry responsible. Hooked is hooked....and although you can%26#039;t get cancer from a credit card or a suckers mortgage we%26#039;re still seeing ruined lives right ?

I say banks need to take the hit right now.

Stop all new mtge rate adjustments and drop all previous rate adjustments to 0% on credit of any kind for people that qualify.

Give qualifying individuals an 18 month moratorium on interest and allow people to pay down principal only.

After 18 month%26#039;s increase interest rates to 5% for 12 mth%26#039;s.

Place a moratoreum on foreclosures. Do empty %26quot;Bank owned homes%26quot; make banks money ?

Banks need to wise up. Consumers need to use debit cards. Spend wisely.

We%26#039;re in this together. We should act that way !!!

Smart is good. Stupid is not good.

Should Banks wake up and smell the coffee?credit counseling

your neighbor who works for a bank would like to get paid

are you going to volunteer to tax yourself so that she can be paid?

or would you prefer that all the people such as your neighbor go find jobs doing something else?

HINT: if the banking industry stops, your paycheck can%26#039;t be cashed.

Should Banks wake up and smell the coffee?

loan

yes|||LOL never happen|||haha yes|||no they would just smell money.|||We don%26#039;t need the government legislating these types of things. People need to be responsible for their own actions. You don%26#039;t need to accept every pre-approved credit card offer that comes in the mail. People need to take the time and get informed about credit and the obligations they are committing themselves to.