Fallin voted against limiting credit cards for high-risk college students

Fallin voted against an amendment that limited credit lines for full-time college students ages 18-20 to the greater 20 percent of a student’s annual income or $500 if there was no cosigner on the account.

It prohibited companies from issuing cards to students who already had one. It required creditors to obtain proof of income, and credit and income history from college students before issuing a credit card.

The amendment was designed to help keep our youth from becoming buried under massive amounts of credit card debt while trying to finish their education.  Something DC Mary cares nothing about.

Once again taking the sides of lining CEO's pockets... instead of helping our youth and our future.

DC Mary takes the side of credit card companies over Oklahomans

DC Mary Fallin voted against banning predatory lending by credit card companies. 

 The bill prohibited credit card companies from retroactively increasing interest rates on existing balances, issuing finance charges on balances for days not included in the most recent billing cycle, charging fees on outstanding balances created only from interest accrued in the previous billing period and increasing interest rates based on a credit card user‟s credit behavior with other companies. The measure also required companies to send statements at least 25 days before payment was due and give at least 45 days notice before increasing rates.

But for some reason Mary thought it would be a good idea to let credit card companies continue to bury people under massive amounts of debt and unfairly make changes to peoples policies.

DC Mary does it again and shows how little she actually knows about common sense or standing up for Oklahoma.