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credit rating

My B of A Mastercard rate went up by (not to) 14% on this month's bill

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The card's rate was 11.99% on my bill due 10/10/08. The card's rate on the bill that arrived yesterday is 25.99%.

I have not made any late payment, to Bank of America or to anyone else. I am not over (nor anywhere near) my credit limit. My credit rating is in the high 700's.

The rate just went up. By 14%.

Who should I shoot?

Bill may not be heard of again

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As in Bill Heard Chevrolet of Nashville and other cities in the Southeast. Bill Heard is the largest dealership in the United States. Bill Heard is closing their remaining 13 dealerships this week.

Buyouts Boost Bonds

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So boasts Bredesen:

Tennessee’s willingness to address worsening economic conditions without “playing games” could help solidify the state’s credit rating, said Bredesen.

Fed Plans to Meddle…Again

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Because further regulating lending is the best way to protect consumers from predatory lenders who are in danger of not being paid.  Who are they trying to protect again?  Sure some people may lose their homes, but they are still free to go rent.  Last time I checked there were still plenty of houses and apartments for ren

Expect Water Rate Increases

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Cuts to services (like the Saturday closings of many Metro park community centers), promises of more cuts, and campaign pledges not to raise taxes have done nothing to rescue Metro's sinking credit rating. And Council Member Emily Evans warns us in the morning paper to prepare for water service rate hikes accordingly.

How To Stop Credit Card Solicitations

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Coworker Bill posted this helpful notice on our employer’s intranet this morning:

It turns out that it pays to read the fine print. Not a day passes that I don’t get at least one junk mail enticement to sign up for a credit card. Airlines, hotels, associations, the credit card companies themselves – they send out probably billions of these offers every year.

Advantages of Home Ownership

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If you are renting and living comfortably, then you might ask “Why should I buy a home?” Well first of all, there is nothing like owning your own home, having something to call your own. But there are lots of other reasons too. Most notably, a home is an investment, an apartment or rental house is lost money. Have you ever had the urge to pull a dollar bill out of your pocket, drop it in the toilet, and then flush? It sounds silly doesn’t it?

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