1% Money, How Can They Do It?

[Arnie Guida]

We all get those cash access checks from our Credit Card companies...usually 3 or 4% fee. Lately one of my CC's has a 1% fee.

I guess they're counting on the borrower not paying it back in the 1 year period, and getting bumped up to the usual 12,9%, but still, 1%... wow...