Overspending by consumers was mentioned as one of the reasons the interchange fees and interest rates have to go up. We're not looking for regulation that's going to take away responsibility. What we're looking for is a fair, equitable, and transparent system. We should all know what we're getting when we sign on the dotted line on a contract or when we sign for a credit card. Is that correct?
On May 12th, 2009. See this statement in context.