Credit Squeeze? Then why do they keep sending me Credit Card Convenience Checks?
I keep reading about the terrible credit squeeze and how no one can get a car loan or business loan. I wonder if this is as bad as they say.
In the last few days I have received an incredible number of offers from my various Credit Cards. Just today I was offered a 3.99% rate for the life of the loan on my AT&T Universal Card and 2.99% on my US Airways Mastercard. A few weeks ago I got an offer for 0% for the life of the loan from American Express for signing up for the card. All had a maximum $99 fee. Combined I have $90,000 in those cards alone.
Anyone else getting these great offers? Credit Squeeze?
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