Alfred

So I get this offer in the mail for 0% APR on transfers on one of my cards. I think to myself, Great! Maybe I can use this…. I log into the account and I notice my available credit is low. After a few clicks I also notice that my APR was hiked from 10.15% to 24.99% and I never defaulted!!!! So now I’m fuming. The long and short of it is that even though I pay on time every month, but only pay about 20 bucks over the minimum, they hiked the interest as a penalty. Plus, my overall credit to debt ratio is too darn high. I grudgingly accepted a 19.99% APR compromise.

Here are some highly angering realizations I came to:

• They sent me a damn offer to put more money on the card after they hiked the standard APR to 24.99%.
• They want me to make more than the minimum payment, so they make it more difficult for me to make the minimum payment by raising it from about 80 bucks to 120 bucks!
• If they really wanted me to pay it off, they wouldn’t have made it overall a harder time to pay!

So now I’m transferring off like $1000 and paying another $200. I’m on a full on assault against this card. I’m gonna transfer the shit out of it and make payments to the other credit cards. I know they still get their money in the end, but they won’t be getting their precious interest from me! F@#kers.