Ferrari Mailing List: Re: NFC.Credit card BS

[Misc (misc]

I agree that CC companies have gamed the system, however the consumer always
has the option of simply paying them off every month and then who cares what
the APR is.  If the consumers spending habits create huge CC balances that
are not paid off and are impacted by APRs - then when you dance with the
devil.........

Mark Lueker
308 SYSTEMS Inc.
970-282-7006
www.308systems.com



From: Brian E. Buxton <BrianBuxton [at] BuxtonMotorsports.com>
Subject: Re: [Ferrari] NFC.Credit card BS
To: "Michael" <Cavallino_Rapante [at] yahoo.com>
Cc: "The FerrariList" <ferrari [at] ferrarilist.com>
Date: Wednesday, May 13, 2009, 11:53 PM


Banks are doing this to collect as much $ as possible before the Gov't
puts new controls on them.

Brian



ferrariguy [at] verizon.net wrote:

>   Sorry for the NFC but I want to let people know about what happens
>   when you are 3 days late making a credit card payment.
>
>   I opened my statement yesterday and could not believe that my rate
>   went from 9% to (get this, I am not making this up) 30%. Naturally I
>   get on the phone and tell them that there must be a mistake as I have
>   never been late in over 10 years. They replied that because I was 3
>   days late they had every right to change my rate. What gives? Has this
>   happened to anyone else?  Thanks for listening to my rant, carry on.
>
>
>
>   ps: a buddy of mine attended the World Class Driving tour and said the
>   Ferrari 430 was by far the best car of the group.
>
>
>
>   Tom
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--

Brian E. Buxton, President



Buxton Motorsports, Inc. <http://www.buxtonmotorsports.com>

301 North Royal Ave.

Buxton Plaza

Evansville, IN 47715-2866

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President, Brian Buxton Enterprises, Inc.
<http://www.buxtonmotorsports.com/storage-transportation.php>

Nationwide Enclosed Auto Transportation



Founder & Past President

SO. IN Region PCA

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