Word: borrowers
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Dates: during 1990-1999
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...Harvard University still feels the need to borrow money. Almost one billion dollars, in fact, in the form of municipal bonds the University issues to bring in cash for its ongoing construction efforts...
Oregon Senator Bob Packwood claimed that one of the women accusing him of sexual misconduct had later kissed him on her own several times and had asked to borrow money. Gena Hutton, a former Packwood campaign coordinator, denied the Senator's account. Packwood made his first visit to Oregon in four months; at various appearances and speeches, he was taunted by demonstrators calling for his resignation...
...borrow $10,000 for a month for $20 is to be paying only two-tenths of 1%, or about 2.4% annualized. That's less than Uncle Sam pays to borrow. And if you take the advance the day after the previous billing cycle closes, you can wind up holding on to that $10,000 for nearly two months without incurring interest. All for $20. In that case, the effective annual rate you're paying is less than 1.5%. Switzerland can't borrow that cheaply...
...time it takes to keep track of it and the ( risk that one day you'll fail to pay off your balance in time and start racking up interest charges. There is also the small matter of what to do with this cheap money once you've borrowed it. Hmmm. You could use it to pay down some higher-interest credit line, at least temporarily, and save a little money that way. You could invest it in whatever you plan to do with your tax refund, only a month early. Or maybe you'd just enjoy seeing the money...
...your credit card to borrow below prime...