Credit Card Crunch

Tell us your story on your credit card intrest rate going up. Many Americans are tired of it.. so tell us your story

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This entry was posted on April 26, 2009 at 7:15 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Credit Card Crunch”

In debt Says:
April 27, 2009 at 12:38 am | Reply
My credit card was issued from one of the banks that got several billion dollars in money from the feds. as my intrest rate went from 12.9% to 30.9%. I am so upset with this!!
The bank said I could opt out by closing the account ( which is bad for your credit score if you do that..) or pay the higher rate.
Meanwhile, the bank did not say ” its bad for your credit” , but more less they are loan sharks.
Im in debt, and upset. What on earth are we going to do when we loose jobs, our homes, cars, everything we own.. yet, have higher rates from these banks.
Maybe stuff my bed with cash- and tell others where to hang it?
I think this world is coming to a end of the financial market as we know.
This is sick and wrong.