The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: bozwood who wrote (2454)	4/24/2002 11:43:16 AM
From: Tradelite	Read Replies (2) of 306849

<<A person paying 18%-24% on credit cards has, to say the least, a sub-prime credit rating. >> FYI, that's not necessarily true. I have two credit cards charging that much in exchange for giving a cash rebate on purchases and no annual fee. The cards which offer frequent-flyer miles or other perks often have high interest rates, too, I think. There's always a tradeoff of benefits. We take the rebates, would never pay an annual fee for any card, and couldn't care less how much interest a card company wants to charge if we don't pay in full every month, because we've always paid in full.

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