To ALL;
Some of you may be aware that AT&T did one of largest bond fundings in corporate history last week. Well, they are wasting no time in putting it out on the street. They are offering the best loan deal on a credit card I have ever and I mean ever, seen.
You can get a 4.9% APR until Feb. or, and this is the big one, 5.9% for duration of the loan, up to, the limit of your credit on the card.
They will do it on balance transfers or they will send you a check. The 30 year bond rate is 5.594% so, this is 30.4 basis points above the 30 year bond rate. This is the cheapest money I have ever seen, anywhere and its UNSECURED. This is below the current mortgage rate. In fact its below any mortgage rate that I remember and I'm 53. I haven't seen consumer credit this low since the early 1950's. This is CHEAP MONEY.
You need an AT&T gold VISA. There is one annoying catch, they charge 3% or a maximum of $25.00 for each balance transfer but if you get it by check, you pay once. So, if you have excellent credit and a big credit line this is a hell of a deal.
PHOTOMAN |
