How Capital One Is Robbing You

Credit card companies are robbing us. In the last decade, they have nearly doubled their interest rates — and last year, Americans paid $170 billion in credit card interest. A former employee told us the companies operate like “loan sharks." ----- More Perfect Union’s mission is to build power for working people. Here’s what that means: We report on the real struggles and challenges of the working class from a working-class perspective, and we attempt to connect those problems to potential solutions. We report on the abuses and wrongdoing of corporate power, and we seek to hold accountable the ultra-rich who have too much power over America’s political and economic systems. We're an independent, nonprofit newsroom. To support our work: Help fund our reporting: https://secure.actblue.com/donate/mpu... Substack: https://substack.perfectunion.us/ TikTok:   / moreperfectunion   Twitter:   / moreperfectus   Bluesky: https://bsky.app/profile/moreperfectu... Facebook:   / moreperfectus   Instagram:   / perfectunion   Threads: https://www.threads.net/@perfectunion Website: https://www.perfectunion.us