for folk who carry a balance on their credit cards...

from the New York Times:

"Last year Citigroup made a promise to millions of people who flex its credit cards: “A deal is a deal.” The slogan was used to trumpet an announcement that the financial giant would no longer reserve the right to raise interest rates on cards at any time, for any reason.

But Citigroup’s deal is only a deal until it isn’t. The company is quietly reconsidering its pledge as it confronts a host of financial troubles, according to Citigroup executives. A decision could come this week. Samuel Wang, a spokesman for Citigroup, declined to comment."

http://www.nytimes.com/2008/06/25/business/media/25adco.html?_r=1&dlbk&oref=slogin

The trick, of course, is to not carry a balance from month to month, and therefore not get hit with interest rates. But if you are... you might want to pay attention. I doubt Citi is the only company contemplating rate hikes to raise cash -- at your expense (literally!).

Some good news...

Got word this morning that Free Fall has gone into a second printing. Yay!

(A sad thing about Luna/Harlequin is that getting information out of them is like getting tax return statements from Mrs. McCain. I suspect less disinclination-to-share and more no-clue-what-third-hand-is-doing. But frustrating, nonetheless -- especially when it's good news!)


And now, back to the salty salt mines...