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Pastimes : The United States Marine Corps -- Ignore unavailable to you. Want to Upgrade?

To: Oral Roberts who wrote (1412)	2/14/2004 6:28:26 PM
From: Ish	Read Replies (2) \| Respond to of 6227

<<Didn't they at some point in there change the law and allow banks to call those very low interest fixed loans and re-write them at much higher rates? I seem to remember a lot of farmers all of a sudden going down due to 18% loans that used to be 3.5%.>> That could have been. I do remember low interest loans that were short term being called and moved to the high rate. Stretched out farmers took it in the ass during that time. Farmers who were doing well and expanding went belly up. Jimmy Carter killed those guys.