Stephen M Trezza is believe in prosperity through free enterprise. Free enterprise gives us the freedom and tools to control our financial lives. It is the best financial system in the world.
Banks and credit card companies abuse the system. They have the upper hand from beginning to end because they are the big guys and we are the small guys. Banks only care about one thing, profits.
They do not care if we lose our homes or cars to repossession. All they care about is profits. They are in the business of making money for their shareholders, nothing more.
When we continue to pay on debts that will never be paid off, or debts that have been repaid twice or three times over before the interest and penalties are added, we are no longer part of the free market and the system is damaged.