WHAT IS GOING ON???????????????? 17.99% PURCHASES 19.99% CASH ADVANCE 24.99% IF I CHOSE TO CLOSE THE ACCOUNT!!!!!!!! (PENALITY~~DEFAULT RATE) SO I JUST HAVE TO BEND OVER AND TAKE IT???????????????????????
Just proves what FICO is all about:You're not making them any money. So now they want to make it all on one charge to the card.
OH...NEVER MIND...they are gonna' let me keep what I have... Isn't that NICE of them!!!!!!!! They are going to send a letter to confirm that!!! HOW NICE!!! They may just be next after CHASE on the chopping block???????????
SHE SAID I CAN CALM DOWN...I DON'T HAVE TO GET WORKED UP JUST BECAUSE I CAN GET A BETTER DEAL FROM A "LOAN SHARK"
Re: Re: NOW FLEET JACKED ME!!!!!!!!!!!!! Cute George LOL. Another good one from you. Where do you get them?
Re: Re: NOW FLEET JACKED ME!!!!!!!!!!!!! So, I guess I should add Fleet to my list of banks to never do business with! Now that I think about it, one of my old cards may have been sold to Fleet, and probably had a rate jack. But back then I probably deserved it. But GEORGE doesn't have those problems like I did, so this makes no sense at all. I guess it's the famous UYGF!!
Re: Re: NOW FLEET JACKED ME!!!!!!!!!!!!! 24.99% IF I CHOSE TO CLOSE THE ACCOUNT!!!!!!!! (PENALITY~~DEFAULT RATE) ANY BANK THAT "THINKS" THAT THEY SHOULD PUNISH YOU WITH A WAY HIGHER INTEREST RATE JUST BECAUSE YOU CLOSED THE ACCOUNT...IS A BANK TO WATCH LIKE A HAWK!!!
Re: Re: NOW FLEET JACKED ME!!!!!!!!!!!!! I think Fleet is on to something here. People with better credit should pay higher rates than people with poor credit. Having learned financial responsibilty and probably raking in higher incomes for the most part, the high FICO achievers are more capable of bearing the burden of high interest than people with poor credit who need lower rates to help make ends meet. Hey, we have to do something here. The government has withdrawn from providing anything resembling a safety net for the poor other than to house them in prisons for drug violations. No reason why the financial giants shouldn't step in to pick up the slack. George, you'll have to do your part too. Now go and max out that Fleet card.
Re: Re: NOW FLEET JACKED ME!!!!!!!!!!!!! I agree. I thought most of them would close and let you pay off at the old terms. This sounds almost usury! Of course, I guess they got rid of the usury laws years ago when interest rates started at about 18% and went up. Of course, you could earn 12-15% on your money, and inflation was rampant. Isn't it funny how the interest we earn has gone down so much, and the interest we pay only goes up?
Re: Re: NOW FLEET JACKED ME!!!!!!!!!!!!! I meant I agreed with GEORGE. Daveberk posted while I was typing!
Re: Re: NOW FLEET JACKED ME!!!!!!!!!!!!! George, I don't believe that Fleet increased your rate even you have a good credit history. By the way, I applied for Fleet Tiantium Card and they give me $1000 TOY CARD. I asked for better rate and upgrade for Platinum for Savings Bond MC. They told me No and can't do it. At least I got one savings bod out of them. Ron.
Re: Re: NOW FLEET JACKED ME!!!!!!!!!!!!! I have 0% for 9 months go to 9.9% I have 0% for 9 months on a second card go to 7.9% No problems ever, except that they do not combine and a low credit limits on both cards.
You sure seem to encounter a lot of trouble with credit cards. Possibly the fault lies with the user...and not the issuer? Personally, I've had a Fleet MC for years. The fixed rate is 7.9%, and I've always paid off the balance each month. They have never raised the rate. Of course, I don't spend my days flipping balances between cards, calling CC issuer's customer service reps all day, etc. That might have something to do with it, you know???
