(Crappers) New federal law now sign by the president makes attempted purchases with declined cards a felony. Now, shopping at any store and pay with worthless plastic cards, or rubber checks will bring out the store security. Arrests will be made and charges will be filed. Also, if you default on any credit cards, you will get you thrown into jail "real fast".
This move signals the end of over extending oneself. Banks and stores will put you in jail if you default on your payments. "Debt jails" are making a big comeback and you will have to work of all that you owe on your credit card. If you are near the spending limit on your credit card will get you in serious trouble with the law.
Debit cards are also not immune to this lawl. Mrs. Mardson had an interview with TheSpoof.com: "I simply was getting groceries and my debit card got declined. I was sized by store security and taken to the back. There they interrogated me for an half an hour. After that, the police handcuffed me and took me to county jail. They pressured me to sign a confession. I refused, and they beat me up and threaten to water board me! I gave in and sign the confession. I was released on two-hundred dollar bail. I don't want to go through that nightmare again!"
The stores and the police are taking these laws very serious. If you are thinking not to pay your credit cards now day you will not be call by a collection agency. But you will receive a visit by the police instead to take you to debit jail!