Credit card companies are running one of the most exploitative businesses in America. They advertise “rewards” and “points” while quietly charging interest rates north of 25–30%. That’s not lending, that's legalized loan-sharking.

For context, the average credit card interest rates in the 1980s hovered around 12–15%. Today, us working families are paying double that just to survive. When groceries, rent, and utilities go up faster than wages, people turn to credit cards. The banks know it.

We can fix this by capping credit card interest rates, and slashing them roughly in half. This would immediately put money back in the pockets of working families, reduce household debt, and prevent financial emergencies from turning into lifelong traps.

Hard work and bad luck shouldn’t be punished. Especially not with compound interest.