• Petitioned US Congress

This petition was delivered to:

US Congress

Balance Transfer Day Legislation

    1. Nomore Highrates
    2. Petition by

      Nomore Highrates

      Brooklyn, NY

On November 16 2011 US DEBT hit 15 Trillion.

Credit card companies lure American people with zero interest rates and later jack up those fees as high as 29.99%. Senator Sheldon Whitehouse (D-RI) proposed the ability of states to set limits on credit card and other consumer loan interest rates. Please join us in protest of High Interest Rates on Balance Transfer Day, December 11 2011. Learn more at fb.com/BalanceTransferDay 

Sign this petition in support of Senator Sheldon Whitehouse proposed legislation to cap interesr rates. Learn more: (http://whitehouse.senate.gov/newsroom/press/release/?id=498fe38c-4bd7-4bbb-8b7f-5915ca813d55)

Recent signatures

    News

    1. Reached 25 signatures
    2. Balance Transfer Day Manifesto

      Nomore Highrates
      Petition Organizer

      We, the people, call on U.S. Congress to pass the "Cap on Credit Cards" legislation, proposed by Senator Sheldon Whitehouse (D-RI) to show our protest against credit card companies that impose high interest rates on debt. 73% of American families tied in credit cards and continue to pay over 15% of the money they borrowed. That is more than a "street shark" would charge on a loan. How do we stop it? We use democratic process. We sign a petition. Please join us as we are fighting for your right to never be charged 29.99%*

      29.99% is a rate that credit card companies typically start charging your account if you are late with your payment, even if by an accident. That's $435 on a $1500 credit limit to which you were lured with zero interest rates.

    3. Reached 10 signatures
    4. US Debt just climbed to 15 Trillion! Did you see that banker's Ferrari?

      Nomore Highrates
      Petition Organizer

      Vote on December 11 2011 with your credit card! Get a balance transfer going from high interest rates! Cut of banks and credit companies from high interest profits!

    5. Reached 5 signatures

    Supporters

    Reasons for signing

    • Elizabeth Myers BARNHART, MO
      • almost 3 years ago

      want to get out from under ----

      REPORT THIS COMMENT:
    • Nomore Highrates BROOKLYN, NY
      • almost 3 years ago

      To voice support to end high interest DEBT!

      REPORT THIS COMMENT:

    Develop your own tools to win.

    Use the Change.org API to develop your own organizing tools. Find out how to get started.