Maintaining Interest
- Share via
It is great that the interest rate has been lowered (“Key Fed Rate Cut to 40-Year Low,” Nov. 7). However, that does not help anyone with blemishes on his/her credit report. This is something that needs to be looked into, because if the economy is to be jump-started, we should look into overhauling the way that information is kept; things take seven years to get off your report, and even if you pay them off they still list them as negative items. I think that will really do a great deal to get people purchasing once again.
Viola Whitson
Los Angeles
*
Regarding the Fed rate cut: What is Fed Chairman Alan Greenspan going to do when the interest rate is zero?
Jim Heyne
Lakewood
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
