Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Don't look now, but your interest rates are about to rise (in honor of RR)

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU
 
keithyboy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-04 07:51 AM
Original message
Don't look now, but your interest rates are about to rise (in honor of RR)
Greespan is set to now to give the bankers a windfall...you were caught in the trap of buying and refinancing and many who bought new homes have charged to decorate them. Well, now those attractive credit interest rates are going to disappear. Look for 19%-26% usary fees to be on your next credit card statement. According to Greenspan this will stem "inflation." Economy..."bye bye."
Printer Friendly | Permalink |  | Top
The Backlash Cometh Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-04 08:12 AM
Response to Original message
1. It had to happen sooner or later.
Think about all those old people who live on fixed incomes who were relying on interest rates for their investments. Some of us still have depression era parents who think CDs are the way to go.
Printer Friendly | Permalink |  | Top
 
theboss Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-04 08:17 AM
Response to Original message
2. My rates are locked in
But interest rates have been too low for a while.
Printer Friendly | Permalink |  | Top
 
demnan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-09-04 08:32 AM
Response to Original message
3. Yeah I go to settlement tomorrow
everyone is crazy trying to buy before the inevitable.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Mon Apr 29th 2024, 07:26 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC