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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Skywatcher who wrote (26867)2/21/2005 4:01:28 PM
From: loantech  Read Replies (3) of 110194
 
Hello Crhis,
Wow.

<The current comedy of white collar crime is allowing these companies to take one late payment from somewhere and apply it to ALL LINES OF CREDIT and jack up rates on unsuspecting people to as high as MAFIA RATES of 25%>

So you are saying if I was late on let's say a Wells Fargo visa then those same rate increases and late fees would also apply to a B of A Mastercard even though I may not have ever been late on the mastercard?
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