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Joe · 02-23-2009, 04:25 PM

I hear after they nationalize Citigroup they are going cut the interest rates on credit cards to not more than 3% above prime. That will spurn consumer spending and free up money for households that carry balances.

02-23-2009, 04:25 PM	#25
Joe Registered User iTrader: (0) Join Date: May 2001 Location: Rhode Island Posts: 3,650	I hear after they nationalize Citigroup they are going cut the interest rates on credit cards to not more than 3% above prime. That will spurn consumer spending and free up money for households that carry balances.
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