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

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To: loantech who wrote (26878)2/21/2005 9:10:42 PM
From: ild  Read Replies (3) of 110194
 
<<<I just don't get how you can be late on a certain card and get penalized by a completely different company.>>>

Your credit granters periodically check your credit history. If they see your credit being deteriorated they usually have all rights to jack up interest rates.

<<<if you had a ford and chevy car payment >>>

Most car payments are fixed, so the banks can't jack them up.
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