Tuesday, July 1, 2008

Texas Tech Students Offered Loans to Buy Bikes


And now we come to this; it is a sad world.

Beginning Aug. 1, students should be able to apply for loans to buy bicycles from local stores through a university affiliated bank, the Texas Tech Federal Credit Union, according to university and credit union officials. The loans, capped at $500, will be interest-free for 12-months, they said. It's all in the name of saving gas.

Yes, you may have just one potato chip, after that, I'll really charge you. This is just the start to a life of credit. Last time I checked, you could get a great deal at a garage sale. As a matter of fact, my son picked up a bike for $15 at a garage sale this past weekend.

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