What is the highest Credit Card APR you are seeing?

[ucodegen]

@flu
I hope you are not carrying a balance on that card. Some of the banks are jacking up the rate to try to squeeze you.. and hoping that you don’t notice or protest on the rate. It happened to my S.O. and she called in an complained literally with.. “whats up with this rate change“. They lowered her back down near to where she was. If you have a good FICO and have not been late, they are likely to lower it if you call in and complain.

NOTE: The banks are trying to give themselves headroom before the new credit laws take effect.

http://www.marketwatch.com/story/credit-cards-gouge-consumers-ahead-of-new-law-2009-11-06

[Coronita]

[quote=ucodegen] @flu
I hope you are not carrying a balance on that card. Some of the banks are jacking up the rate to try to squeeze you.. and hoping that you don’t notice or protest on the rate. It happened to my S.O. and she called in an complained literally with.. “whats up with this rate change“. They lowered her back down near to where she was. If you have a good FICO and have not been late, they are likely to lower it if you call in and complain.

NOTE: The banks are trying to give themselves headroom before the new credit laws take effect.

http://www.marketwatch.com/story/credit-cards-gouge-consumers-ahead-of-new-law-2009-11-06%5B/quote%5D

Thanks for your concern. I never carry a balance and all my cars are paid in full. Citibank, BofA, and Amex always owes me rebates because I charge everything, and get the bonus cash/credit back.

I just thought it was ridiculous that I’m seeing close to 30-40% APR on these. Man, I can’t imagine folks really living by paying minimum balances on these things.

[Coronita]

[quote=ucodegen] @flu
I hope you are not carrying a balance on that card. Some of the banks are jacking up the rate to try to squeeze you.. and hoping that you don’t notice or protest on the rate. It happened to my S.O. and she called in an complained literally with.. “whats up with this rate change“. They lowered her back down near to where she was. If you have a good FICO and have not been late, they are likely to lower it if you call in and complain.

NOTE: The banks are trying to give themselves headroom before the new credit laws take effect.

http://www.marketwatch.com/story/credit-cards-gouge-consumers-ahead-of-new-law-2009-11-06%5B/quote%5D

Thanks for your concern. I never carry a balance and all my cars are paid in full. Citibank, BofA, and Amex always owes me rebates because I charge everything, and get the bonus cash/credit back.

I just thought it was ridiculous that I’m seeing close to 30-40% APR on these. Man, I can’t imagine folks really living by paying minimum balances on these things.

[Coronita]

[quote=ucodegen] @flu
I hope you are not carrying a balance on that card. Some of the banks are jacking up the rate to try to squeeze you.. and hoping that you don’t notice or protest on the rate. It happened to my S.O. and she called in an complained literally with.. “whats up with this rate change“. They lowered her back down near to where she was. If you have a good FICO and have not been late, they are likely to lower it if you call in and complain.

NOTE: The banks are trying to give themselves headroom before the new credit laws take effect.

http://www.marketwatch.com/story/credit-cards-gouge-consumers-ahead-of-new-law-2009-11-06%5B/quote%5D

Thanks for your concern. I never carry a balance and all my cars are paid in full. Citibank, BofA, and Amex always owes me rebates because I charge everything, and get the bonus cash/credit back.

I just thought it was ridiculous that I’m seeing close to 30-40% APR on these. Man, I can’t imagine folks really living by paying minimum balances on these things.

[Coronita]

[quote=ucodegen] @flu
I hope you are not carrying a balance on that card. Some of the banks are jacking up the rate to try to squeeze you.. and hoping that you don’t notice or protest on the rate. It happened to my S.O. and she called in an complained literally with.. “whats up with this rate change“. They lowered her back down near to where she was. If you have a good FICO and have not been late, they are likely to lower it if you call in and complain.

NOTE: The banks are trying to give themselves headroom before the new credit laws take effect.

http://www.marketwatch.com/story/credit-cards-gouge-consumers-ahead-of-new-law-2009-11-06%5B/quote%5D

Thanks for your concern. I never carry a balance and all my cars are paid in full. Citibank, BofA, and Amex always owes me rebates because I charge everything, and get the bonus cash/credit back.

I just thought it was ridiculous that I’m seeing close to 30-40% APR on these. Man, I can’t imagine folks really living by paying minimum balances on these things.

[Coronita]

[quote=ucodegen] @flu
I hope you are not carrying a balance on that card. Some of the banks are jacking up the rate to try to squeeze you.. and hoping that you don’t notice or protest on the rate. It happened to my S.O. and she called in an complained literally with.. “whats up with this rate change“. They lowered her back down near to where she was. If you have a good FICO and have not been late, they are likely to lower it if you call in and complain.

NOTE: The banks are trying to give themselves headroom before the new credit laws take effect.

http://www.marketwatch.com/story/credit-cards-gouge-consumers-ahead-of-new-law-2009-11-06%5B/quote%5D

Thanks for your concern. I never carry a balance and all my cars are paid in full. Citibank, BofA, and Amex always owes me rebates because I charge everything, and get the bonus cash/credit back.

I just thought it was ridiculous that I’m seeing close to 30-40% APR on these. Man, I can’t imagine folks really living by paying minimum balances on these things.

[DWCAP]

yah I hear yah FLU. CITI just cancelled my favorite card, the whole line went out the window, not just me. It isnt about the credit scores or anything, I was just costing them money and they got sick of paying me to use their card. Now I gotta go get another card, and for damn sure it wont be with them after all the crap they tried to pull on me.

All the big banks are making alot of people angry right now, it is just stupid. Anyone remember that card that was in the media (mish????) that had the 80% interest rate with a couple hundred dollar credit limit? That just has to be a PR nightmare for the entire industry. 80%? DO loan sharks charge that much?

[DWCAP]

yah I hear yah FLU. CITI just cancelled my favorite card, the whole line went out the window, not just me. It isnt about the credit scores or anything, I was just costing them money and they got sick of paying me to use their card. Now I gotta go get another card, and for damn sure it wont be with them after all the crap they tried to pull on me.

All the big banks are making alot of people angry right now, it is just stupid. Anyone remember that card that was in the media (mish????) that had the 80% interest rate with a couple hundred dollar credit limit? That just has to be a PR nightmare for the entire industry. 80%? DO loan sharks charge that much?

[DWCAP]

yah I hear yah FLU. CITI just cancelled my favorite card, the whole line went out the window, not just me. It isnt about the credit scores or anything, I was just costing them money and they got sick of paying me to use their card. Now I gotta go get another card, and for damn sure it wont be with them after all the crap they tried to pull on me.

All the big banks are making alot of people angry right now, it is just stupid. Anyone remember that card that was in the media (mish????) that had the 80% interest rate with a couple hundred dollar credit limit? That just has to be a PR nightmare for the entire industry. 80%? DO loan sharks charge that much?

[DWCAP]

yah I hear yah FLU. CITI just cancelled my favorite card, the whole line went out the window, not just me. It isnt about the credit scores or anything, I was just costing them money and they got sick of paying me to use their card. Now I gotta go get another card, and for damn sure it wont be with them after all the crap they tried to pull on me.

All the big banks are making alot of people angry right now, it is just stupid. Anyone remember that card that was in the media (mish????) that had the 80% interest rate with a couple hundred dollar credit limit? That just has to be a PR nightmare for the entire industry. 80%? DO loan sharks charge that much?

[DWCAP]

yah I hear yah FLU. CITI just cancelled my favorite card, the whole line went out the window, not just me. It isnt about the credit scores or anything, I was just costing them money and they got sick of paying me to use their card. Now I gotta go get another card, and for damn sure it wont be with them after all the crap they tried to pull on me.

All the big banks are making alot of people angry right now, it is just stupid. Anyone remember that card that was in the media (mish????) that had the 80% interest rate with a couple hundred dollar credit limit? That just has to be a PR nightmare for the entire industry. 80%? DO loan sharks charge that much?

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