These households have probably gone through budget shock -- as their balances have risen, the interest rates have also increased every few months and the minimum payment percentage has just increased. The average APR is now above 13%, so carrying that balance is getting very expensive. The average household is paying over $700 per year in interest for credit cards. |
These households have probably gone through budget shock--as their balances have risen, the interest rates have also increased every few months and the minimum payment percentage has just increased. The average APR is now above 13%, so carrying that balance is getting very expensive. The average household is paying over $700 per year in interest for credit cards. |
This is definitely not good for competition. |
This is definitely not good for competition. A number of consumer groups including Consumer's Union and the Consumer Federation of America plan to ask the Justice Department to reject the merger and we tend to agree with them. We are watching AT&T be reconstructed again right in front of our eyes. If the FCC is going to allow this to happen you have to ask why they broke them up in the first place. |
Voice Over Internet Protocol has become a media and technology favorite, portrayed as the service that sends local and long distance carriers into extinction. |
We are watching AT&T be reconstructed again right in front of our eyes. If the FCC is going to allow this to happen, you have to ask why they broke them up in the first place. |
We don't think this is a good thing for consumers. The telecom industry has exploded, in terms of growth and options, and now AT&T will be even bigger and more powerful than it was. |
We think the market will change quite a bit. |