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Path: utzoo!watmath!clyde!cbosgd!ihnp4!ihlpg!tischler
From: tischler@ihlpg.UUCP (Mark D. Tischler)
Newsgroups: net.consumers
Subject: Re: Visa/Mastercard deals
Message-ID: <1397@ihlpg.UUCP>
Date: Fri, 1-Nov-85 19:12:43 EST
Article-I.D.: ihlpg.1397
Posted: Fri Nov  1 19:12:43 1985
Date-Received: Sun, 3-Nov-85 06:38:35 EST
References: <252@bunny.UUCP> <4502@alice.UUCP>
Organization: AT&T Bell Laboratories
Lines: 19

> Valley National Bank in Bogota NJ is still offering "free" Visa and Mastercard.
> That is: no monthly or annual fees, no finance charges if you pay your
> full balance within 25 days of the billing date.  Interest rate is
> presently 18%.
> 
> There is some justification for using the entire mortgage to calculate
> your obligations if you're sharing a house.  After all, if the other
> person defaults for any reason, you are legally obligated to pay
> the whole thing unless you have some very unusual arrangements.

The only problem with Valley is that they require that you live
within a certain distance of them.
-- 


			Mark Tischler
			(312) 393-7199 (home)
			(312) 979-5123 (work)
			ihnp4!ihlpg!tischler