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To: lifeisgood who wrote (198536)10/18/2002 11:48:12 AM
From: Cape Blanco  Read Replies (1) | Respond to of 436258
 
Will that be the dollar carry trade in action? The risk would be the money market blowing up and you still oweing?



To: lifeisgood who wrote (198536)10/18/2002 12:37:48 PM
From: Earlie  Respond to of 436258
 
Lifer:

It will extend the nonsense, but that is all. Finding a job after a lay-off is getting to be difficult. An increasing number of these mad money loans are being taken out not to invest, but to keep the life style at par. When that runs out,.....

Best, Earlie



To: lifeisgood who wrote (198536)10/18/2002 5:04:50 PM
From: mishedlo  Read Replies (2) | Respond to of 436258
 
I would never take that offer.
I would be scared S*less of some fine print that allows them to change the offer willy nilly at some point (via a disclosure) that comes too late for me to do anything about it.

At 1-2% in an interest account what will you make for this agony?

BTW I also recieveed a 20K balance transfer at 0%.
That is effectively the same thing.
In either case it is 20K or 50K out of the lenders pocket.

I agree this does not add up.
There is a real real mess out there and COF and KRB are right in the stink of it.

But the amazing thing is everyone wants in on this party. My offer came from a bank I never heard of and I have worked for banks for 20 years. Tossed it away so I do not remember who right now.

What the heck is going on here?
Everyone is clammoring for that last marginal customer to make growth estimates.

Perhaps I should put 100% of my account into leap puts on major credit card companies. I hope COF bounces up again.

I am 100% positive this mess is going to end badly.

M