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Originally Posted by Inkstain82
But I don't think it's wrong of the credit card companies to offer it until then.
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Legally, it isn't wrong for them to do it. That's my problem. It should be illegal. Or it should be more like a HELOC where the rate is variable but there is an annual cap on rate increases so that nobody will ever see a 20% rate jump at one time.
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Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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