Credit cards and 40% annual interest and penalties

Published by rudy Date posted on May 5, 2010

I’ve decided to give up my two Citibank credit cards—Visa and Mastercard. They charge more than 40 percent annual interest and penalties for late payment are compounded. Every now and then, too, I am made to pay these penalties.

I don’t know if Citibank does it on purpose, but it sends me my billing statements late. What a ripoff!

I wonder what happened to that Supreme Court decision which found banks overcharging for loans and credit cards. He court pegged interest rates to only 12 percent annually. Obviously, the Bangko Sentral is unmindful of banks making oodles of money at the expense of consumers. –Manila Standard Today

Sept 5 – Oct 5
National Teachers Month

“Pay teachers decent wages,
Pay attention to teachers!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.

Accept National Unity Government (NUG)
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

September


Monthly Observances:

Health, Safety, and Sanitation Month
Clean-up Month
Civil Service Month

National Peace Consciousness Month

Social Security Month

Rule of Law Month

National Teachers’ Month (Sept 5-Oct 5)

 

Weekly Observances:

Sept 17 – 23:

World Clean and Green Week

Week 2: Education Week

Week 4: Medicine Week

Last Week: Family Week


Daily Observances:

Third Saturday: International Coastal Clean-up Day

Third Monday: World Health Day

Last Friday: National Maritime Day

Sept 8: National Literacy Day

Sept 15: Philippine Medicine Day

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