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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: Making $277/Hour with Debt and Discipline Date:  12/17/2005  11:46 AM
Author:  GinnedPond Number:  216248 of 312161

"Personally, I don't care for business relationships that try to exploit the greed or ignorance of other people, or businesses. "( Seattle Pioneer )

I think the author of that comment is forgetting that the CC company made $50-$75 on balance transfer fees. Also, the whole point of the CC company's business is arbitrage. So, who knows what rate they are paying to lend that money to you?



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