Tuesday, June 3, 2008
CreditCards.com cancels proposed IPO
Finally someone gets it... Everyone is overborrowed and nobody needs any more debt. Who needs another website to "shop" for a card when everyone of them is going to rip you off down the line with an "updated" agreement! Maybe Chase should buy them and use them to lure potential "universal default" clients. Or better offer a teaser rate of 2.99% only to raise it to 29.99% a few months later because you have borrowed too much ;-)
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