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Message The House just passed the Credit Cardholder’s Bill of Rights (HR 5244). This legislation is crucial for America's youngest workers. We carry more debt at this point in our lives than any generation to come before us. We need you to pass these important credit card reform provisions so they can become law. These provisions will prevent credit card companies from raising our interest rates any time for any reason, or when we are late paying another bill. This is especially important to my generation because we juggle so many kinds of debt, such as student loans, car loans, and credit cards. The reforms the House passed will also stop credit card companies from setting arbitrary and unpredictable due dates and times, forcing consumers to pay off their low-interest-rate debt first, and giving credit cards to borrowers under 18. Credit card issuers claim that these provisions will hurt consumers by limiting access to credit. We have had more access to unregulated credit than any generation before us, and it has only hurt us. Just look at the numbers: between 1992 and 2001 average credit card debt for young adults went up 55 percent; young Americans now have the second highest rate of bankruptcy; and the average indebted young adult spends almost a quarter of every dollar earned on debt payments. This is no way for our youngest workers to get started in life. Our generation needs you to support Credit Card reform. Thank you.

Personal Message Thank you for taking action to end abusive credit card company practices.

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