will rates go up?

Discuss anything related to interest rates & fees, like balance transfer offers, low rate cards, annual fees, etc.
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goober
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will rates go up?

Postby goober » Sat Oct 18, 2008 6:51 pm

have you seen mortgage rates have gone up almost 1% in less than a week!!!!

will c.c. rates be going up too?


indianamom
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Postby indianamom » Sat Oct 18, 2008 11:05 pm

I have Bank of America and my rates have gone through the roof. :(

I would recommend everyone to stay away from Bank of America credit cards right now because I hear they have done this to a lot of people.

indianamom
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Postby indianamom » Sat Oct 18, 2008 11:09 pm

I forgot to mention if anyone has Bank of America credit cards contact info like phone numbers or senior customer support please let me know. I want to try talking to someone else there and see if they will help lower my interest rate.

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fffresh
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Rates should keep going down.

Postby fffresh » Mon Oct 27, 2008 9:58 pm

It is expected that the Fed will lower their rate this week by either 75 or 100 basis points. This would mean credit card rates could fall to as low as 4.25% for the customers with the very best credit.

Floppster
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Postby Floppster » Tue Oct 28, 2008 8:09 pm

indianamom wrote:I forgot to mention if anyone has Bank of America credit cards contact info like phone numbers or senior customer support please let me know. I want to try talking to someone else there and see if they will help lower my interest rate.


Mom God bless you and I hope that you will find a way out of this mess however I doubt that any CC issuer is likely to lower rates or help clients in the current meltdown. I just red to much on the internet about CC holders having issues and the bank won't help.
Intellectuals solve problems. Geniuses prevent them.
- Albert Einstein 1879-1955

JEFF COGA
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Postby JEFF COGA » Wed Dec 03, 2008 5:44 pm

Floppster wrote:Mom God bless you and I hope that you will find a way out of this mess however I doubt that any CC issuer is likely to lower rates or help clients in the current meltdown. I just red to much on the internet about CC holders having issues and the bank won't help.


We had the subprime bubble... consumer CC bubble is next... then it will be the bond market...

Anyways... you need to call BofA and get to upper management. Do not talk to customer support (no power)... talk to the BT specialist... they have more power.
Jeff Coga
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Floppster
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Postby Floppster » Thu Dec 11, 2008 10:00 pm

JEFF COGA wrote:We had the subprime bubble... consumer CC bubble is next... then it will be the bond market...

Anyways... you need to call BofA and get to upper management. Do not talk to customer support (no power)... talk to the BT specialist... they have more power.


Aren't we currently in the the center of the CC bubble ???
Intellectuals solve problems. Geniuses prevent them.
- Albert Einstein 1879-1955



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