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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: reaper who wrote (182641)7/23/2002 5:22:25 PM
From: stan_hughes  Read Replies (1) of 436258
 
I presume you've opted out of the interest rate holiday program for the term rate deal on those COF type cards, otherwise you're exposed when the rates zoom.

Even if you've moved to the fixed rates, I wouldn't bet the farm they won't pull your lines one day in the name of some emergency, or have the Fed do it for them a la Resolution Trust. As long as you're not into the lines, no biggie, but I wouldn't put too much faith in those shylocks to keep their end of the deal - JMHO
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