View single post by deidler
 Posted: Wed Apr 9th, 2008 06:19 pm
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deidler

 

Joined: Fri Dec 16th, 2005
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mcwright wrote: Tony, its a computer that rankles you. My Dentist's "computer" will charge interest on a small (albiet missed) balance also. Miss a credit card payment today even for a small amount and you may be in for increased interest. It is not just shopnbc...
You don't even have to miss a payment.  These days us folks who carry a balance can still see raised interest rates.  Or a decrease in the credit given.  Which is what happened to me.  The thing that makes no sense is that I have less debt (by a whole bunch) then when they increased my credit line.  Very strange.  I'm generally not a guy for Government interference but these days they have acted criminally,imo.  Don't ever close an account without paying it off first.  That was a expensive lesson for me.  Good thing I had enough money to pay it off when I saw the 30+% they raised me.  Those stupid disclosure forms they send out need to be revised as well.  They could accomplish more info in just a few sentences.  I can't stand Credit card companies.  Here's looking to get out of all my credit card debt by 2009. party.gif