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Non-Tech : Home Depot (HD)

HD 373.81

-2.4%

Nov 5 3:59 PM EST

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To: David Lawrence who wrote (1011)	8/23/2002 2:22:48 PM
From: Don Earl	Read Replies (1) of 1169

David, You have so much trouble with English, I'm beginning to suspect you were raised and educated in California. THE INTEREST RATE ON HOME DEPOT ACCOUNTS IS 21%. 21% interest represents the lowest quality credit imaginable. The only reason a consumer accepts that high a rate is it's the only thing available to persons whose finances and credit history are a mess. Consumers with good credit use bank cards with interest rates around 9%. You might try this article on sub prime lenders: biz.yahoo.com I don't expect you to understand it or make the connection to stores with exposure to sub prime credit, or the implications to the current debt ridden economy. You can't teach a pig to sing. It wastes your time and annoys the pig.

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