Musings and observations from T.J. Smith, commenting on the passing parade.
Tuesday, January 8, 2013
Creditworthy, Anyone?
Apropos of our recent comment on the emphasis on credit score when dating, I just received a credit card application from an airline who shall remain nameless. I always read the fine print re "interest rate" before deep sixing it. Here is how they explain their "introductory" APR interest rate: (better sit down) "15.99% or 24.99% when you open your account, based on your CREDITWORTHINESS." Wow! 25% interest is so usurious it would make Shylock blush. And make the late Andy Rooney rant. And it takes my breath away so as to render me speechless. Always take the time to read the fine print.
tjs -
Next - Mistaken Identity
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