Awhile back, I posted about interest rates on loans and credit cards and such, and cited collateral as one of the influencers of interest rates. In general terms, I said the better the collateral, the better the interest rate (which is why credit card rates are so high – the collateral is terrible.) But there’s something I wanted… Read More »
In a recent post, I mentioned how I felt a little inflation was inevitable in 2011. I also mentioned that that might not be such a bad thing for businesses – at least in this equipment financing guru’s eyes. See, when there’s inflation (or even a threat of inflation), businesses get a renewed sense of urgency in all… Read More »
Ok, before I go into this post, I want to make sure we all understand something: I do not have anything to do with the economy or interest rates or the like. I’m an equipment financing guy, so in terms of the big picture, nobody listens to me. And unlike Alan Greenspan in the late 90’s, the size… Read More »
I get cornered at parties a lot and asked all kinds of financial questions. I guess if you work in any industry where “money” is involved, you become some kind of money expert. At least in the eyes of others. So the other day I get asked “Fletch, why are credit card rates so high, higher than things… Read More »
‘the Lease Guy’ has been promoted!! The blog has moved from EquipmentFinance.Net to the big show on CrestCapital.com LeaseGuy.CrestCapital.com