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Re: extortionist interest rates


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Posted by Anonymous (65.231.62.152) on June 15, 2002 at 14:35:43:

In Reply to: Re: extortionist interest rates posted by Jade on June 13, 2002 at 16:07:04:

CC's don't care - they routinely do credit checks and if there is any neg. data - you guessed it, they up the interest rates. More & more people are refusing these "extortionist" interest rates by closing multiple accounts and choosing to have only 1 credit card. Why do you think all the solicitations for credit cards? And, the cc's are screaming they don't make money - hmmm, they must think we are fools.

And any correspondence should be via registered mail, return receipt to document proof. One person I know asked 3 times to close a cell phone account - instead the co. kept billing, billing & billing. Just the other day they sent a "NASTY" letter demanding the account be closed immediately - if it was not they would file a complaint with all the appropriate federal and state agencies.


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