Financial Challenges Support Group
This community is for people who are struggling to meet financial obligations of any kind. Financial challenges include everything from the day-to-day challenges of making ends meet to managing credit card debt to bankruptcy. Get support from others who are going through similar obstacles on the road back to financial stability.
Recently my husband went over the credit line by $400!!! Well we went from 9% interest rate to 30%! I will be able to pay the bill plus the over limit fee, but I have this feeling that I am stuck with the 30% rate for a long time. This was the first time that we went over the limit and we weren't ever late with payments. My first question is...how long do you think they will keep it so high?
Another thing that is disturbing for me is that the interest rate went up for all of the balance...not just the over the limit balance. So $10,000 balance went up to $265 in interest. I was surprised because I thought that it was all separate.
Another thing that is disturbing for me is that the interest rate went up for all of the balance...not just the over the limit balance. So $10,000 balance went up to $265 in interest. I was surprised because I thought that it was all separate.
deleted_user
I had this happen to me, and as soon as I got my balance below the credit limit, it went back to the regular interest rate, I would call and check with them.
deleted_user
I had a Capital One card with a 4.99 fixed rate. I had a balance and made all my payments on time. Last month I got my statement and now my interest is 15%. My husband called them and asked why it went up, they said it was due to the changes in the economy-needless to say we transferred to a 0% for the life of the transfer and closed that account. Capital One is no longer in my wallet
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theatre and I are there already. I'm having a very berry tea with crackers, cheese and cherry tomatoes and she's having a joint with some beer and we're both on really comfy recliners on thick pile carpet. we need some help with the decor if anyone is around??
