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Personal Finances / Credit Cards and Consumer Debt


Subject:  Temptation . . . almost Date:  11/18/1998  8:07 AM
Author:  CarlosKB Number:  5538 of 312185

The credit card balances are going down, bank balances and stock investments are going up, life is good. I certainly don't a new credit card. But then . . .

Tuesday's mail brings an intriguing offer from Wachovia. Rate linked to prime rate for life of the card, right now 8 1/4%. It's the lowest locked in rate I've seen recently. I'm thinking about reaching for a pen. But then . . .

Turn over back of offer to check out the fine print and buried in the right, lower corner, is the annual fee: $88.

No friggin' way. The pen stayed on the desk and out of my hand.
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