Homestead mailing list

[EarthNSky <erthnsky AT bellsouth.net>]

Careful Lynn.
I did that once..learned my lesson that.
Those checks are treated like a cash advance and may be financed at a 
higher rate than your normal card rate.
When I used one, I thought I was writing the check at 11%, but it turned 
out that it was charged at 21%.  Just check before you write the check.

Bev

Lynn Wigglesworth wrote:
> All this talk about a credit crunch got me wondering. I called my credit 
> card company (Chase) yesterday, and asked about the Convenience Checks 
> they are always sending me...are they still good? Will they honor them?
>
> They not only honor them, but offered to raise my credit line so I could 
> borrow more, and to have the money instantly deposited in my checking 
> account. Hmmm...I'm unemployed and have a pathetically low income...one 
> look would show that I couldn't afford to pay it back, yet they would be 
> happy to loan me whatever I want. Credit crunch? What credit crunch? 
> Have these banks learned nothing?
>
> Lynn Wigglesworth
>
>
>
> _________________________________________________________________
> Get more out of the Web. Learn 10 hidden secrets of Windows Live.
> http://windowslive.com/connect/post/jamiethomson.spaces.live.com-Blog-cns!550F681DAD532637!5295.entry?ocid=TXT_TAGLM_WL_domore_092008
> _______________________________________________
> Homestead list and subscription:
> http://lists.ibiblio.org/mailman/listinfo/homestead
> Change your homestead list member options:
> http://lists.ibiblio.org/mailman/options/homestead/erthnsky%40bellsouth.net
> View the archives at:
> https://lists.ibiblio.org/sympa/arc/homestead
>
>
>
> ------------------------------------------------------------------------
>
>
> No virus found in this incoming message.
> Checked by AVG - http://www.avg.com 
> Version: 8.0.169 / Virus Database: 270.7.5/1702 - Release Date: 10/1/2008 9:05 AM

--
"What Luck for Rulers that Men do not Think"             Adolf Hitler
erthnsky AT bellsouth.net