Financial Slavery by Credit Card Companies

TimeOutCreditCards
Collateralised Credit Exploitation

New Day Opus - New Day Marbles - Capital One - MBNA - Barclaycard - RBS

It is no surprise that James Corcoran of New Day Opus, Rob Holt of New Day Marbles, Amy Lenander of Capital One, Elyn Corfield of MBNA, Chris Wood of BarclayCard & Marcellino Castrillo of Royal Bank of Scotland, have not responded to letters sent to each one of them personally and provided a personalized response by way of explanation as to their collective behavior in perpetrating the financial scandal of our generation - Collateralized Credit Exploitation.

TimeOutCreditCards Collateralised Credit Exploitation has impaired the inherent right of individual or collective customers for equitable financial management.

If Politicians - Regulators - Credit Card Companies fail to support the best interests of a member of the public; they are entitled to take the measures necessary to maintain respect and bring an end to exploitation exemplified by TimeOutCreditCards Collateralised Credit Exploitation, which has been proven to be Credit Exploitation & Financial Slavery.

Customers are equally entitled to a level of support which should be designed and is subsequently conducted in accordance with recognized best practice and ethical standards.

Customers have the right to expect Politicians - Regulators to use commonly accepted standards commonly assess, confirm and improve their governance and financial management policies and practice and be accountable to their customers for their malpractice.

Politicians - Regulators have implicit responsibility to protect and safeguard customers from extortion by unregulated Credit Card Companies.

Collateralised Credit Exploitation is a clear case of financial exploitation, it was the very scenario that the Legislatory & Regulatory framework has been designed to confront, challenge, manage & control in the interests of consumers.

‘No financial organization has the right to make excessive interest & charges on nominal amounts that cannot be paid back within an individual's lifetime by creating (Collateralised Credit Exploitation) CCEs’

'''''It should be easier for consumers to challenge unfair agreements and that the definition of ‘extortionate’ should be widened to cover unfair practices both at the time of entering the credit agreement as well as any subsequent events that may have led to unfairness'''''.

Detailed information has been provided to the 6 x Credit Card Companies
(NINE cards in total)

(MBNA Elyn Corfield - Capital One Amy Lenander - New Day Marbles Rob Holt - BarclayCard Chris Wood - RBS Marcellino Castrillo - New Day Opus - James Corcoran) who are known and are evidenced to practice Collateralised Credit Exploitation (CCE)

The Financial Conduct Authority Andrew Bailey - The Financial Ombudsman Caroline Wayman - The UK Cards Association Graham Peacop - The Prudential Regulation Authority Mark Carney - The Finance & Leasing Association Richard Jones - The British Bankers Association Eric Leenders - The Competition & Markets Authority Andrea Coscelli - The UK Parliament Phillip Hammond - The Lending & Standards Board Dave Pickering - The Payment Systems Regulator Hannah Nixon - The Money Advice Service Charles Counsell have been made fully aware of the practice of Collateralised Credit Exploitation (CCE).

EVERY Member of Parliament has victims of Collateralised Credit Exploitation in his or her constituency; suffering under the pain of unreasonable, unwarranted and unjustified behavior by Credit Card Companies.

British consumers have been slavishly providing extortionate, unjustified & unwarranted profits for Credit Card Companies for generations under the indefensibly false guise of ‘long revolver credit’ and are now holding them to account for their unwarranted financial profligacyof people’s lives, their relationships, their income, their marriages & their live