In situations like that, how long can that rate stay...? That's the point, right? With credit card interest rates, it could be 1.9% with those introductory offers, and then six months down the road you're at 10%, 11%, or 18%. There's nothing regulating what MasterCard can do six months or a year from now in terms of where they want to bring these rates. This could be an introductory rate to get people used to it. Do you think that's a fair opinion?
On May 28th, 2009. See this statement in context.