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To: rabscuttle385
“(As an aside, do you really think “lousy credit risks” would have single-digit purchase APRs?)”

What the hell is that alphabet soup crap supposed to mean?

89 posted on 01/13/2009 1:32:49 PM PST by dalereed
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To: dalereed
What the hell is that alphabet soup crap supposed to mean?

Single-digit: self explanatory.
Purchase APR: Annual Percentage Rate, i.e., the interest charged periodically on balances in the Purchases category of an unsecured credit line such as a credit card.

It's on the Truth-in-Lending Act disclosure that must be provided by creditors to consumers who apply for and maintain credit accounts.

90 posted on 01/13/2009 1:54:57 PM PST by rabscuttle385 ("If this be treason, then make the most of it!" —Patrick Henry)
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