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	<title>Comments on: Suze Orman Talks App-O-Ramas; Hilarity Ensues</title>
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	<link>http://www.creditcardwatcher.com/suze-orman-talks-app-o-ramas-hilarity-ensues/</link>
	<description>Keeping an eye on the best credit card offers</description>
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		<title>By: matt</title>
		<link>http://www.creditcardwatcher.com/suze-orman-talks-app-o-ramas-hilarity-ensues/comment-page-1/#comment-4841</link>
		<dc:creator>matt</dc:creator>
		<pubDate>Sat, 28 Feb 2009 19:33:29 +0000</pubDate>
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		<description>Chase just increased my rate on a fixed 1.99 for the life of the balance.I was never late.So yes,credit card companies can change your rates even if you pay on time.Chase is also charging a $10 monthly service charge which is listed as a purchase.This allows them to charge even more interest.</description>
		<content:encoded><![CDATA[<p>Chase just increased my rate on a fixed 1.99 for the life of the balance.I was never late.So yes,credit card companies can change your rates even if you pay on time.Chase is also charging a $10 monthly service charge which is listed as a purchase.This allows them to charge even more interest.</p>
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		<title>By: Tim</title>
		<link>http://www.creditcardwatcher.com/suze-orman-talks-app-o-ramas-hilarity-ensues/comment-page-1/#comment-854</link>
		<dc:creator>Tim</dc:creator>
		<pubDate>Fri, 31 Aug 2007 01:03:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.creditcardwatcher.com/suze-orman-talks-app-o-ramas-hilarity-ensues/#comment-854</guid>
		<description>Suze Orman: the financial expert for those who can&#039;t think for themselves. (By the way: if you start a business which pursues profit by credit card arbitrage and related income, it is completely legitimate. This makes all the finance charges and BT fees tax deductible. Profit after taxes is still profit.)</description>
		<content:encoded><![CDATA[<p>Suze Orman: the financial expert for those who can&#8217;t think for themselves. (By the way: if you start a business which pursues profit by credit card arbitrage and related income, it is completely legitimate. This makes all the finance charges and BT fees tax deductible. Profit after taxes is still profit.)</p>
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		<title>By: Manoj</title>
		<link>http://www.creditcardwatcher.com/suze-orman-talks-app-o-ramas-hilarity-ensues/comment-page-1/#comment-808</link>
		<dc:creator>Manoj</dc:creator>
		<pubDate>Tue, 07 Aug 2007 22:44:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.creditcardwatcher.com/suze-orman-talks-app-o-ramas-hilarity-ensues/#comment-808</guid>
		<description>You summed it up very nicely in the last paragraph.  Why do you think credit card companies give free credit?  I think (a) they know that there are some irresponsible guys who will fall in their credit trap and (b) all the responsible guys will definitely pay back the debt on time and so it makes their default to total credit ratio look better.   Wallstreet does not see how liberal these credit card companies are with 0% credit.  All these analyst see is the debt growth and the average APR.

It&#039;s a win-win for everybody.</description>
		<content:encoded><![CDATA[<p>You summed it up very nicely in the last paragraph.  Why do you think credit card companies give free credit?  I think (a) they know that there are some irresponsible guys who will fall in their credit trap and (b) all the responsible guys will definitely pay back the debt on time and so it makes their default to total credit ratio look better.   Wallstreet does not see how liberal these credit card companies are with 0% credit.  All these analyst see is the debt growth and the average APR.</p>
<p>It&#8217;s a win-win for everybody.</p>
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