Before the last Rate Cut, I didn’t think it would happen. I thought the Fed had cut rates as low as they were going to go. But then the day arrived. A new cut. They say with rates that low, the timing for getting any kind of loan is pretty good. And since the environment is in trouble and all, what better reason to take out a loan than to help you acquire a new hybrid vehicle?

I really want a hydrogen fuel cell car. But until they’re tested and proven (and affordable), I guess a hybrid is the next best thing. But most hybrids are relatively new. And new cars can be expensive. Car loan? Ok.

Recently I visited BestLeadingLenders.com, a site specializing in loans, credit cards, and debt consolidation. Car Loans are one of their top priorities. They take their service so seriously that they’ve extended the breadth of their domain nationwide. So you can get a car loan no matter where you live. With “instant online loan processing” and a finance system for those with poor credit, BestLeadingLenders has all the car loan bases covered.

I once heard that there’s a credit card company that operates a little differently than one might expect. Under normal circumstances, you get a credit card, go out, buy a $100 pack of Cadbury Eggs, and charge it to your credit card. Then later, the bill comes. You pay the $100, and you’re set. Mission Accomplished!

But this other company is different. You buy the $100 pack. Wait around. The bill comes. Says $100. You pay $100. And they charge you interest. They say you didn’t pay enough. They say, “You need to pay enough to cover any possible interest. We’ll credit your account with anything leftover.” So what you should have done was pay $110, and get $10 back later. Instead you got charged interest …on what? On nothing!

Now, I’m not really sure if that’s what happened. I only heard this story once, and it hasn’t happened to me personally. But I think it’s pretty lame. It’s the kind of thing you have a problem wrapping your head around, and yet some company has that rule for some reason. I’ll bet there are a lot of similarly messed up rules, and that’s why so many people are having debt problems. At least there are plenty of debt consolidation articles to read.