Funny I didnt feel penetration when I had my 1.99 APRs.......
Well if you feel a law that rewards the Irresponsible at the expense of the Responsible is a good thing....so be it.A law to protect consumers from getting raped by them is a good thing. They raised their rates to make up for defaults and to maximize profits. Blaming higher rates on the new law is just stupid and political spin.
Well at least we know where you come down on this my Irresponsible friend........Ny rates have dropped in the last year.
....and what Bank or Financial Institution was it that dropped your rates?
It hasn't affected me at all. I pay my credit card off every month, so I don't pay interest. To be honest, I'm not even sure what my interest rate is.
If you build a man a fire, he'll be warm for a day.
If you set a man on fire, he'll be warm for the rest of his life.
Eat me, drink me, love me;
Laura make much of me
It is stupid to use a credit card the way the companies want you to.....carrying debt month to month on credit cards is for suckers...
Oracle of Utah
Truth rings hollow in empty heads.