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The Water Cooler
General Discussion
People are delinquent on almost everything they owe money on
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<blockquote data-quote="HFS" data-source="post: 4231328" data-attributes="member: 8862"><p>I saw a news story just before Christmas saying that a lot of store cards across the country were going to interest rates higher than 30 percent.</p><p>The article offered the **helpful** (ha ha) advice that if a customer was going to carry a balance from their Christmas purchases, most regular old credit cards offered better (lower) interest rates than store cards.</p><p>Maybe I'm in the wrong business but I don't see how a working stiff could get ahead, legally, if they're paying that much interest. (Some rich illegitimate child who has the politicians and courts to write the rules in their favor...that's a different story.)</p></blockquote><p></p>
[QUOTE="HFS, post: 4231328, member: 8862"] I saw a news story just before Christmas saying that a lot of store cards across the country were going to interest rates higher than 30 percent. The article offered the **helpful** (ha ha) advice that if a customer was going to carry a balance from their Christmas purchases, most regular old credit cards offered better (lower) interest rates than store cards. Maybe I'm in the wrong business but I don't see how a working stiff could get ahead, legally, if they're paying that much interest. (Some rich illegitimate child who has the politicians and courts to write the rules in their favor...that's a different story.) [/QUOTE]
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People are delinquent on almost everything they owe money on
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