The Credit Card Industry is Robbing You

Credit card companies are robbing us. In the last decade, they have nearly doubled their interest rates — and last year, Americans paid $170 billion in credit card interest. A former employee told us the companies operate like “loan sharks." ----- More Perfect Union’s mission is to build power for working people. Here’s what that means: We report on the real struggles and challenges of the working class from a working-class perspective, and we attempt to connect those problems to potential solutions. We report on the abuses and wrongdoing of corporate power, and we seek to hold accountable the ultra-rich who have too much power over America’s political and economic systems. We're an independent, nonprofit newsroom. To support our work: - Help fund our reporting: https://secure.actblue.com/donate/mpu-splash - Substack: https://substack.perfectunion.us/ - TikTok: https://www.tiktok.com/@moreperfectunion - Twitter: https://twitter.com/MorePerfectUS - Bluesky: https://bsky.app/profile/moreperfectunion.bsky.social - Facebook: https://www.facebook.com/MorePerfectUS - Instagram: https://www.instagram.com/perfectunion/ - Threads: https://www.threads.net/@perfectunion - Website: https://www.perfectunion.us