CALIFORNIA -- As a honest consumer from your state, I felt it was my responsibility to bring to your attention the following incident.
After reading numerous consumer complaint sites it comes to my attention and experience that credit card companies, and/or any financial institution is taking advantage in the way of false charges, making charges consumers are not aware of (credit life insurance and/or any other program they want you to contribute to)...the financial institutions have way to much power over Mr or Ms average consumer. Something needs to be done about all this and to assist the consumer, you can be charged with negative reports on your credit file when all the while the reporting agencies are not accurate either and takes an act of Congress to get anything changed...god forbid if you have a common name. Since when are you guilty until proven innocent. Laws are allowing the financial institutions to do as they may with little guidelines, government has given them lots of power here lately. Everyone needs credit and you can do nothing today without it.
As a resolution, I would like the following:
Make suggestions for new laws governing false charges, sky-rocketing interest rates, etc that affect the average consumer.
Please feel free to contact me if you would like more details regarding this incident.