The Epic American Credit and Bond Bubble Laboratory Message Board

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

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From: FrozenZ	5/20/2005 2:46:45 PM
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Just got a small print insert with my ATT credit card bill saying they are raising everyone's interest rate to 16.97% on transactions, 19.99% on cash advances, and if one is ever late with any payment to anyone ever it goes to 29.97% on everything. At what point is it called loan sharking? 50%? We should be there in another few years. On a side note US Airlines will shed it's pension obligations by declaring bankruptcy.

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