Feds nix credit card debt forgiveness...

Feds nix credit card debt forgiveness plan

There are 3 comments on the The Santa Fe New Mexican story from Nov 12, 2008, titled Feds nix credit card debt forgiveness plan. In it, The Santa Fe New Mexican reports that:

WASHINGTON a ' Federal bank regulators have rejected a request by banks and consumer advocates for a program to let lenders forgive huge portions of credit card debt.

Join the discussion below, or Read more at The Santa Fe New Mexican.

Chris Mechels

United States

#1 Nov 13, 2008
This looks a bit too much like it would benefit the financial interests, not the credit card holders.
Damon

Los Alamos, NM

#2 Nov 13, 2008
""The timely identification, reporting and management of credit losses, along with adequate loan-loss reserves and capital levels, provide the public with ... confidence" in the banking system, Long wrote."
Who is this "public" that has confidence in the banking system?
Billie

London, UK

#3 Mar 26, 2014
This is the first time I had ever applied for a loan. I couldn't have asked for anything more from the staff that answered any of my questions to the application process. Once this had all been completed the money was transferred quickly into my account. I will definitely be recommending 911PDAY .COM ( http://goo.gl/EvYZBe ) too my friends and family.

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