BofA rant

Apr 22, 2009 19:35

So, today we got notice in the mail that BofA wants to change our APR on our credit card from a fixed 7.9% to a variable rate, changing every month. The first new rate is 14%. What??!! I specifically got this card because it has a fixed rate ( Read more... )

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jenn2d2 April 22 2009, 18:22:36 UTC
Ugh. You're the third person I know to have this problem - it seems like most of the people they're charging high rates on are people who actually pay their bills on time. Basically, gouging the good customers they have to try to balance themselves out for the bad loans they financed. I hope you're able to get things transferred with a minimum of fuss!

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