Today in Fintech Friday we are diving into Durbin 2.0 and the credit card competition act
We talk about – Durbin 1.0 and what the effects were who won and who lost.
We talk about Durbin 2.0 and why it is not going to work.
The time is now to write to your congress people and tell them to vote NO on this bill.
This is going to help big companies and not help the average business.
This bill will screw up the economy, consumers will pay higher interest rates, rewards programs will go away and prices at stores will not go down.
We explain everything in a easy to understand format – don’t be fooled that Durbin and congress are going to help people.
This bill will do more harm than good!