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[quote="thomas davison"]I agree with usuary laws being introduced, what we seem to have at the moment is a free for all on rates of interest and yet savers in our banks and building societies are getting robbed. This would save a lot of debt and heartache, while we are talking about money credit cards need to bring their interest down to 5% over the Bank of Englands base rate[/quote] While we should look at an immediate introduction of a 5% usery rate on Credit Cards, in the long run we should be looking at banning Credit Cards, we should out-right ban the American Import of "Pay Day loans". To those who say it is impossible to live without a credit card in this day and age, I say it is very possible. The Policy of Introducing a usery rate on Credit cards, I think would resonate with the entire British public, infact when the Imperial Party comes to power and introduces this i can see the rest of Euripe following suit.
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