How the Credit Card Gravy Train Is Running Over You | WEB OF DEBT BLOG

Ellen is right.

How the Credit Card Gravy Train Is Running Over You | WEB OF DEBT BLOGAccording to the treasurer's office, the City and County of San Francisco pay $4 million annually just for bank fees, and more than half this sum goes to merchant fees. If the government could recapture these charges through its own bank, it could use the proceeds to expand public services without raising taxes.

Source: How the Credit Card Gravy Train Is Running Over You | WEB OF DEBT BLOG.

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  • Tom Usher

    About Tom Usher

    Employment: 2008 - present, website developer and writer. 2015 - present, insurance broker. Education: Arizona State University, Bachelor of Science in Political Science. City University of Seattle, graduate studies in Public Administration. Volunteerism: 2007 - present, president of the Real Liberal Christian Church and Christian Commons Project.
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