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Non-Cattle Specific Topics
Coffee Shop
Everybody Should Own a Few
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<blockquote data-quote="eric" data-source="post: 23653" data-attributes="member: 7"><p>I just trashed some old files this week. In 1997 I had 2 cd's at 8.875 APR. </p><p></p><p>I just had a 5 yr note muture last month @ 8 1/4%. Heck, I remember getting 16% in the early 80's!</p><p></p><p>I dont have a house note, and I pay cash for my trucks, I only buy what i can afford, therefore low interest rates don't help me all that much. I have a business line of credit, but we always that offf within a few months. And while interest rates are at a all time low, why are credit card companies allowed to charge over 20%? I know that it is a free country and you are fre to not do business with them, but that seems kinda outrageous for them to charge that kind of interest rates. But I guess if you use them then its your own fault.</p></blockquote><p></p>
[QUOTE="eric, post: 23653, member: 7"] I just trashed some old files this week. In 1997 I had 2 cd's at 8.875 APR. I just had a 5 yr note muture last month @ 8 1/4%. Heck, I remember getting 16% in the early 80's! I dont have a house note, and I pay cash for my trucks, I only buy what i can afford, therefore low interest rates don't help me all that much. I have a business line of credit, but we always that offf within a few months. And while interest rates are at a all time low, why are credit card companies allowed to charge over 20%? I know that it is a free country and you are fre to not do business with them, but that seems kinda outrageous for them to charge that kind of interest rates. But I guess if you use them then its your own fault. [/QUOTE]
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