Re: Ch.7 Keeping a credit card. Questions

Anything to make themselves a little more money, huh! Greedy b*******!

P.

JHSAL1968@aol.com wrote:
In a message dated 9/2/2003 9:45:10 AM Eastern Daylight Time, andesbear@mindspring.com writes:


We planned on keeping 2 of our cards too, but once they got wind of the
bankruptcy our accounts were closed. Just be prepared that may happen.

We were planning on keeping our am-ex card and one other. The am-ex has no balance so it won't be included in the bankruptcy anyway. This morning we got a letter from the other card saying they are raising the interest on our account from 9.9% to 23.9% because we have so many open ended accounts. And this was one of the cards that we had never once been late with. Great way to treat their customers eh? Guess we will be re-thinking keeping this account.
S.Anne