Re: Breach of Contract ?
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Posted by michelle on October 07, 2001 at 22:38:34:
In Reply to: Re: Breach of Contract ? posted by JJ on October 06, 2001 at 15:35:25:
I closed my Discover account specifically because they were going to raise the rates. The letter informing me of the pending increase said to close my account if I did not agree with the increase (use of card after x date will constitute agreement to the changes, etc.) I closed the account and the rates have been fixed at what they were when I closed the account ever since and have not been raised. Closing this account with a balance has saved me money in interest charges. The only drawback is that I know I cannot now negotiate a lower rate on this account.
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