Well, I finally have a reason to be happy Citibank sold my car loan. According to a well researched report in the www.theoutdoorwire.com entitled, “The Policies of Credit”, Citibank refuses to extend credit to those companies who make guns.
Elizabeth Fogarty of Citi Public Affairs, provided a statement to author Rich Grassi (editor of The Tactical Wire) that included, “we do prohibit financing merchants in the non-ancillary military equipment industry, including the financing of businesses that manufacture and or sell firearms for military use.” Citibank was bailed out during the financial crisis to the tune of $320 Billion and yet has the temerity to refuse credit not based on financial stability, but because of what a company manufactures. In this case, perfectly legal products; firearms and firearm accessories. Consequently, we fully encourage our readers to use other credit companies than Citibank. We know we will. And oh yeah, don’t use private label credit cards underwritten by Citibank either, that’s how this whole mess started.
Tags: Citibank