I've got some good news (And some bad news)

I have a small line of credit with the TD Bank. I recently received this letter advising me that the interest rate was being reduced.

When the interest rate goes up I wonder if I will receive a letter headed, "Bad news about your unsecured Line of Credit Account".

But that is one of the realities of marketing. When communicating with customers the news is always good, and if there bad news it is hidden down in the footnotes.

But either way, my current interest rate is not too oppressive. I can remember back when you could not get a mortgage for under 20%. Now there is no way that you can make any that sort of rate look like good news.