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Dave Grossman ✈️

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@MilesTalk

Founder: MilesTalk / Your Best Credit Cards, Author (goo.gl/iws8r9), loyalty consultant, speaker, Dad. Follow to upgrade your travel. + @thedavegrossman
MilesTalk.com Joined March 2016
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Dave Grossman ✈️ Verified account @MilesTalk
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Dave Grossman ✈️ Verified account @MilesTalk
Dear @SenWarren,

Why do you want credit to be restricted for Americans that need it most?

Why do you want those for whom credit cards are a necessity to lose access to credit?

Surely you know that credit card interest rates are set to compensate for risk.

So surely you know that, given that the government cannot force private businesses to lose money, banks will have to withdraw or refuse credit for those that need it the most.

And surely you know that means devastation for those you think you're helping, when they have to turn to usury loans like Payday loans to bridge the cap.

You know that, right?

Right?