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Old 11-19-2008, 02:42 PM   #15
FishermanTim
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Join Date: Feb 2003
Location: Hyde Park, MA
Posts: 4,152
Keep this in mind:
Credit card companies are ALLOWED to use ANY OTHER bill you pay late as a reason to up your interest rate. So if you are late on your electric, phone, car or insurance payment they equate that as to being late on your credit card payment regardless of whether you have ever had a late card payment or not!
With the de-regulation of the credit industry we are pretty much screwed. If the credit card industry ever jumps on the "government bail-out bus", I would tell them to go pound sand!
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