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Old 02-14-2007, 05:56 AM   #18
merloermfgj

Join Date
Oct 2005
Posts
511
Senior Member
Default
It is a good strategy. Give them low-capped credit cards with the highest legal interest, and BoA will make much more than they will lose to non-payers.

It is a win-win for them.

I think it sucks, but if they manage it right, they could rake in the bucks.
merloermfgj is offline


 

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