www.abiworld.org has an interesting update. Apparently 17 Credit Unions have withdrawn their support for the bill.
"Association (CUNA), the industry's lobbying arm. In a letter to Congress, 17 lenders and credit card providers, including several credit unions, said they believe the pending legislation would disproportionately harm vulnerable debtors while rewarding unscrupulous credit card companies" -------->unscrupulous credit card companies<--------- It's about time they see the light, if this passes it will create a new kind of DEBTORS PRISON, & the repurcussions will be devastating.
