Dear William et al;-
        I was waiting for that question. I think it is (and always has been)
called "A Shell Game"----just on a grander scale.
        Q-Man

"William M. Frank" wrote:

> Is there a shell aspect here?
>
> ----- Original Message -----
> From: "Art Weil" <[log in to unmask]>
> To: <[log in to unmask]>
> Sent: Saturday, September 30, 2000 9:28 PM
> Subject: Re: The Question Man Asks----
>
> > Thank Yas All.
> >     Then maybe you can explain why, in many cases, the APR only lasts
> (say)
> > three months, then turns into the "Prime plus 11%". Inquiring minds want
> to
> > know.
> >         Q-Man
> >
> > Frank Walker wrote:
> >
> > > Annual percentage rate. Truth in lending act requires that all costs of
> > > credit be disclosed to the consumer and shown as the APR, which is the
> true
> > > or real cost of the credit involved. Includes processing fees, annual
> fees,
> > > and so forth.
> > >
> > > Frank (a bit under the weather) in Massachusetts