Same Old, Same Old

[rolanni]

Is it just me or are the credit card companies double-dipping? I mean, here they get all this "bailout" money, which is supposed to, well, bail them out of the consequences of their actions. Then! Bailout money in one hand, they turn around and raise interest rates on accounts that are being paid on time and always a little (sometimes a lot) more than the minimum. Because... because... ah... because -- oh, yeah!

Because they can.

*sigh*

So, I wrote letters to my congresscritters and to the president, too, because I could, and a fat lot of good it will all do me. Except that my feelings are, somewhat, relieved.


Only a little bit of new wordage today; I spent my writing time going through the last two chapters and fine-tuning.

SRM meeting on the agenda tonight, and maybe a house meeting, too. Summer's coming, and that means my schedule goes from 35 hours a week at the day-job to 15. Which is nice in all ways except for the paying-the-bills aspect of things.


Progress on Mouse and Dragon

52896 / 120000

He sipped, and lowered his glass. "I need your advice, Thodelm."

Golden brows rose slightly. "Shall I be alarmed?"

"You may well become so; who am I to know?"

Comments

[mbarker.livejournal.com]

Wouldn't it be interesting if the banks were required to pay you back any overpayment at the same rate that they charge you for extending credit? Suddenly we would see people happily paying their bills ahead of time, even putting extra money into their "credit" account to get the payoff. And I'll bet the banks would insist on tying that rate to the loan rates...

[keristor.livejournal.com]

Actually, one of mine does almost that. Egg Money pay me interest at 4% on positive balance (of which I get about 80%, or nett 3.2%, because the revenoo take tax on it), they charge about 13% on negative balance. This means that they actually pay me more interest than any of the savings accounts I have! Oh, and they pay me 1% "cashback" on every purchase with it (credited once a year; I got around 15 pounds back last month). So I keep it in credit and am thinking of transferring some of my savings onto it to get more interest...