Thursday, June 10, 2004

GM Corporation

Jim Smith, sounding a bit like Apu, said I am paying a very high interest rate on my home loan. He kept trying to get information out of me. The background noise made it sound like he was in a big room with lots of people talking. I suspect it was another offshore telemarketing outfit in India that has their telemarketers using faked up names. He also hinted that they could offer a 30-year fixed-rate loan with an interest rate under 5%, which made me suspicious, as, these days, the average interest rates for those are over 6%. So I was not inclined to answer his questions about my current loan.

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