Lights. Camera. NO ACTION! Despite the glorious passage of the Credit CARD Act by both houses and the president’s impending signature, nothing has been done to outlaw assessing a customer’s creditworthiness based on where he or she shops. In my opinion, the most egregious practice of some credit card companies has been overlooked.
WSB-TV, an ABC News affiliate in Atlanta, produced a brief story yesterday that reintroduces my story and focuses on the unfortunate fact that there is still plenty work to do to make the credit card industry fair and transparent.
While I am certainly disappointed, I am not discouraged. We have won a great battle, but the fight is not over.
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I think that the credit card companies must be shaking in their boots. It will take a while for us to get a level playing field, but I think that the advocacy on your part and others with knowledge of the issue will help us to get there.
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About Me
Greetings! I’m Kevin D. Johnson, a small business owner who has recently assumed the role of consumer advocate and internet activist. Atlanta, Georgia is my home.
My Story
Upon returning from my wonderful honeymoon in Jamaica last October, I received what I thought was an ordinary American Express bill, but to my surprise it was a disappointing letter informing me that my credit line was reduced by about 65% for a highly suspicious and discriminatory reason. Considering my excellent credit score and pristine payment history, it just didn’t make sense. However, what does make sense are the unfair and insidious policies that I have uncovered when asking why. It is time to change them.
Good Morning America tells my story.
The Goal
I created this web site to document and share my challenging journey to change what is wrong, unfair, and unjust in the credit card industry. The ultimate goal of this web site is to inform consumers of ways to stand up for themselves against treacherous business practices and to educate consumers about how to improve their credit. Finally, I hope to encourage a more open dialogue with credit card companies about their policies–good and bad.
Testifying at a bill hearing in Annapolis, Maryland
Speaking Engagements
In an effort to educate as many people as possible about financial management, especially about how to manage the current credit crisis, I have begun to speak around the country at colleges, universities, corporations, chamber of commerce meetings, congressional hearings, trade organization meetings, etc. Having acquired a wealth of information that will help to empower people and to improve their financial future, I feel that sharing this information is the least I can do to make a positive impact. For information on my availability for speaking opportunities, please send an e-mail to Jennifer Silverman at jennifer@silvermanworldwide.com.
Speaking at a university
Disclaimer
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You can follow this conversation by subscribing to the comment feed for this post.
Greetings! I’m Kevin D. Johnson, a small business owner who has recently assumed the role of consumer advocate and internet activist. Atlanta, Georgia is my home.
Upon returning from my wonderful honeymoon in Jamaica last October, I received what I thought was an ordinary American Express bill, but to my surprise it was a disappointing letter informing me that my credit line was reduced by about 65% for a highly suspicious and discriminatory reason. Considering my excellent credit score and pristine payment history, it just didn’t make sense. However, what does make sense are the unfair and insidious policies that I have uncovered when asking why. It is time to change them.
I created this web site to document and share my challenging journey to change what is wrong, unfair, and unjust in the credit card industry. The ultimate goal of this web site is to inform consumers of ways to stand up for themselves against treacherous business practices and to educate consumers about how to improve their credit. Finally, I hope to encourage a more open dialogue with credit card companies about their policies–good and bad.
I think that the credit card companies must be shaking in their boots. It will take a while for us to get a level playing field, but I think that the advocacy on your part and others with knowledge of the issue will help us to get there.
Thank You for what you are doing.
Posted by: Sean Cotton | May 21, 2009 at 11:59 AM
keep up the good fight. we need leaders like you to keep this issue in the light. i don't know how they missed this. they should be ashamed.
-jessica
Posted by: jessica grey | May 21, 2009 at 10:46 AM