In a previous article, "RS" said:
"Jay Honeck" wrote in message
What would you do if they hiked the APR on your auto or home loan just
because they felt like it, even if you had a perfect payment history? Well,
that's what the credit card companys are doing now - they are changing the
rules mid-stream. Credit is credit - regardless what it is for. You guys on

No, credit isn't credit "regardless what it is for". The credit agreement
of a credit card (you know, that fine print that you didn't read) clearly
gives them the right to hike the rates every time it strikes their fancy.
The loan agreement of auto loans and home loans are different, and if you
read the fine print on them you'd find that they can't raise the rates on
a whim.

That's why smart people take out bank loans rather than borrowing against
credit cards if they *must* use credit.

--
Paul Tomblin http://xcski.com/blogs/pt/
And on the seventh day, He exited from append mode.