Restoring Borrower Security
Addressing the Debt Crisis in America
August 2, 2004
By Demos

View the document 2 (pdf)

Two-page policy brief with new solutions to lower the cost of credit and help Americans get out of debt.

Credit card companies are preying on the American public and need to be reined in. Fueled by steady deregulation of the industry, credit card companies increasingly charge excessive interest rates and fees, making it harder for families to get out of debt and back on the path to savings. It's time we stand up against usurious practices and give families a real chance to get ahead.