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Old 11-02-2009, 09:50 AM   #1
Default Have your credit card rates/terms changed lately?  
Kim
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It seems like I've been hearing a lot about credit card companies raising rates, increasing the monthly minimum payments, lowering spending limits and changing terms on many of their customers.

Has this happened to you lately?
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Old 11-02-2009, 10:05 AM   #2
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Oregano
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One of my store cards, the percentage rate went up...not an issue for me/us though because we don't carry a balance on any of our CC's.
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Old 11-02-2009, 12:51 PM   #3
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bananabellesmom
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the lowered one of our limits. Which is fine by me, it was ridiculiously high and we don't carry a balance on it.
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Old 11-02-2009, 07:10 PM   #4
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Our rates have gone sky high. When I called to ask why, since we have good credit and always make payments on time, I was pretty much told that they are doing it to everyone just because they can.
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Old 11-02-2009, 07:48 PM   #5
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AnnaMarie Sanderson
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I recieved notifications from all my card companies about rate hikes. They do not matter as I rarely use them and if I did I would pay it off each month. It is the banks way of trying to earn enough to pay back their bailout funds. What they should do is lower the paycheck for all their executives.
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