tag:blogger.com,1999:blog-37812913.post8851383433779315866..comments2021-02-16T21:20:42.311-08:00Comments on Robert Paisola's Personal Blog 2012-2013: 20 Reasons Why You Should Never Pay your Unsecured Credit Cards, By Robert PaisolaRobertPaisola.comhttp://www.blogger.com/profile/09341314931135343411noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-37812913.post-69813680114617412812008-03-16T11:20:00.000-07:002008-03-16T11:20:00.000-07:00I advocate creating a total interest payment cap o...I advocate creating a total interest payment cap on the amount of interest a bank can charge its customers. Once a person has paid back 50% interest charges versus what they borrowed, the banks cannot charge anymore interest. This would result in an accelerated debt paydown for the consumer and also minimize the damage being done by the interest rate one is charged.<BR/><BR/>At the end of the day, a 25% interest rate versus a 15% rate won't be that much different since they both get capped at the same total amount. <BR/><BR/>http://www.credit-card-cap.com<BR/>http://www.credit-protector.comAnonymousnoreply@blogger.com