Sunday, March 6, 2005

Credit

Kevin Drum, in The Washington Monthly, has a commentary on an article from the Washington Post about credit card companies and their penalties.

This explains why I get so many letters telling me I have been pre-approved for exorbitant amounts of credit.

It also makes me understand a little why, several years ago, when I took out a loan to pay off my creditors, my rating plummeted.

Shame, shame, shame.

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