A Message From Capitol Hill
Please note the video is from 2011. Things have gone gotten way worse over the last decade. However, the government still has not stepped in to make any changes to this industry.
HIDDEN FEES
HIDDEN FEES
"We see fees that are hidden, and non-negotiable"
- Senator Dick Durbin
UNREGULATED
UNREGULATED
"We also know the current interchange system is unregulated and uncompetitive"
- Senator Dick Durbin
PRICE-FIXING SCHEME - PERIOD!
PRICE-FIXING SCHEME - PERIOD!
"The current interchange system, the one that needs to be reformed, is a price-fixing scheme, period!"
- Senator Dick Durbin
OVERCHARGED - WITHOUT RESTRAINT
OVERCHARGED - WITHOUT RESTRAINT
"Small businesses and large businesses alike, are being overcharged across America by credit card companies and banks, without restraint"
- Senator Dick Durbin
SMALL BUSINESSES GET IT THE WORST
SMALL BUSINESSES GET IT THE WORST
"Small businesses get it the worst under the current system"
- Senator Dick Durbin
