I don't get it part 3

Enrique Diaz-Alvarez enrique at anise.ee.cornell.edu
Wed Apr 19 08:25:14 PDT 2000


Tom Lehman wrote:


> Anyone else seen these advertised offers for a 9.9% no fee, no hidden
> charges, not an introductory rate credit card. That's a pretty good
> rate for a personal loan---.9 over prime.

Yeah, I was thinking the same thing. How can you make unsecured personal consumption loans to people who (by definition) are spending more than they earn and charge 10%?

-- Enrique Diaz-Alvarez Office # (607) 255 5034 Electrical Engineering Home # (607) 272 4808 112 Phillips Hall Fax # (607) 255 4565 Cornell University mailto:enrique at ee.cornell.edu Ithaca, NY 14853 http://peta.ee.cornell.edu/~enrique



More information about the lbo-talk mailing list