Tell Credit Card Companies to REDUCE INTEREST RATES NOW

Tell Credit Card Companies to REDUCE INTEREST RATES NOW

0 have signed. Let’s get to 100!
At 100 signatures, this petition is more likely to be featured in recommendations!
Eric Wilson started this petition to Citibank and

Because of the Covid-19 pandemic, the Fed has reduced the interest rate for banks to near 0% in this time of crisis.  Tell the giant credit card companies to do the same for the people. Companies that are charging 18% - 28% interest rates should do the right thing and drastically reduce or eliminate interest rates for borrowers for one year.  Many consumers will be using credit cards to survive in these difficult times, and companies that already rake in billions should not profit off of people in need during our economic downturn.  These companies are benefiting hugely from a lower interest rate right now, so should we! Together, we can recover from this crisis, but it will be that much harder if giant corporations skim huge profits off of our hardship.  As people struggle to pay for food and bills, the credit cards can afford to do the right thing, and LOWER/ELIMINATE OUR INTEREST RATES FOR ONE YEAR! 

0 have signed. Let’s get to 100!
At 100 signatures, this petition is more likely to be featured in recommendations!