Mr. Speaker, “it's only another 5% interest hike” said the big credit card companies. “So what if it is 5% above the 18% interest rate? It's just another increase in the interchange fees every time you use your card”.
Credit card companies sucked in more than $4.5 billion in hidden fees last year alone and increased them four times this year, yet the throne speech did nothing to address these crazy fees.
The Conservative government is happy to help banks with billions, but offers nothing to regular consumers. Canadians cannot take getting squeezed any more and neither can small businesses.
Together they started a campaign called “StopStickingItToUs.com”. They demand that government stop the credit card companies with their outrageous and unjustified charges. People cannot afford it any more.
It is time to stop credit card companies from sticking it to all of us.