Quote:
Originally Posted by GalaxyIFE  When was that? During the Carter administration? The rates were horrible because the economy was in the crapper. I have an ad for 15% 6 month CD rates from '81.
Anyway, 24% is for folks who have NO business getting a loan in the first place (like a FICO around 520). If your FICO is over 760, you'll get the lowest rate. |
Yeah, it was way back in the early 80's. Their credit was not very good and the rates were insanely high to begin with.
TexasFlyer, nice write up.
