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Non-Tech : GFIN - Game Financial

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To: James W. Bradsh who wrote (28)3/25/1997 2:03:00 PM
From: rdiamond   of 53
 
James, I am curious about your comment:

<<Since they are in the temporary credit loan business, the cost of money could go up with a Fed interest increase today. Can they conveniently pass along the increase to borrowers? Possibly.>>

I guess I didn't realize this. I made the assumption that they simply provided the technology for transfers within the VISA network. I will research a bit further, because now I am curious as to how earnings are affected by interest costs/earnings. Have you done such research? If so, what did you find?
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