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#11
November 25th 04, 10:21 PM
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"Jay Honeck" wrote in message
news:3Lspd.391816$wV.73568@attbi_s54... But tell me, what will you do when home, auto and commercial proprerty loan companies hike their rates just because they feel like it? Even if you pay on time, every time. All they need to do is lobby hard enough to put it into law and you are totally screwed. What then, Mr Clever Guy? I'm not following you. If you pay "on time, every time" -- credit card companies CAN'T charge you any interest. What would you do if they hiked the APR on your auto or home loan just because they felt like it, even if you had a perfect payment history? Well, that's what the credit card companys are doing now - they are changing the rules mid-stream. Credit is credit - regardless what it is for. You guys on your high moral horses about paying credit cards off every month do not impress me (unless you have zero credit - no home, auto, commercial loans at all). 
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