Comments on: Rate Gauging on Consumer Credit Cards Gets the Boot http://www.tmspay.com/2008/12/22/rate-gauging-on-consumer-credit-cards-gets-the-boot/ Transaction Management & Solutions | TM&S Thu, 29 Oct 2009 21:48:18 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Sabina Keil http://www.tmspay.com/2008/12/22/rate-gauging-on-consumer-credit-cards-gets-the-boot/comment-page-1/#comment-673 Sabina Keil Mon, 02 Feb 2009 20:43:48 +0000 http://www.tmspay.com/?p=106#comment-673 Bob, Many people are in the same situation as you. 30 percent interset on a credit card is simply to high. My suggestion is to call your credit card company and tell them if you rate is not lowered you will close your account. If you have a 700 credit score you should have no problem opening up an new credit card with a lower interest rate and transfering the balance. It is time for you to play hard ball with your credit card company. Let me know how it turns out. Bob,
Many people are in the same situation as you. 30 percent interset on a credit card is simply to high. My suggestion is to call your credit card company and tell them if you rate is not lowered you will close your account. If you have a 700 credit score you should have no problem opening up an new credit card with a lower interest rate and transfering the balance.
It is time for you to play hard ball with your credit card company.
Let me know how it turns out.

]]> By: Bob http://www.tmspay.com/2008/12/22/rate-gauging-on-consumer-credit-cards-gets-the-boot/comment-page-1/#comment-672 Bob Mon, 02 Feb 2009 17:08:02 +0000 http://www.tmspay.com/?p=106#comment-672 I am being charged 30% interest on 1 of my credit cards because of sending in my payment late a couple times. I live in Michigan and I am layed off. My credit score is over 700. This seems very very high to me no mater what the circumstances. Is there any actions I can take against the lender. I am being charged 30% interest on 1 of my credit cards because of sending in my payment late a couple times. I live in Michigan and I am layed off. My credit score is over 700. This seems very very high to me no mater what the circumstances. Is there any actions I can take against the lender.

]]>