Creditors pocket fed rates by not passing on rate cuts to Credit Card holders... article: http://www.marketwatch.com/news/story.asp?guid={64DC6C76-DC61-4FF0-9C46-9E8B9490DAC7}&siteid=yhoo
Bwaaaaaaa..... haaaaaaaaa..... haaaaaaaaaa As if the public was ever going to benefit from the rate cuts! It would have been easier for the Treasury to simply cut checks and send them out to the lenders. I guess they figure if they feed the horses more oats, us birds will have more seeds to pick from their crap! SK
YOU ARE JUST TOO STUPID...IF YOU HAD YOUR INTEREST RATE CUT IN HALF, YOU WOULD PROBABLY HAVE A PROBLEM FIGURING WHAT TO DO WITH THE EXTRA MONEY YOU DON'T HAVE TO PAY US!!! SO WE WILL HELP YOU BY NOT CUTTING YOUR INTEREST RATE IN HALF... SIGNED...YOUR CREDIT CARD COMPANY.
Several of my cards have variable rates, no floor, and go down as the prime rate drops. I don't use the other ones much. I don't guess they care, LOL.
