will rates go up?

goober · 03:51 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 · 08:05 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 · 08:09 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.

fffresh · 06:58 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 · 05:09 PM

Quote:

Originally Posted by indianamom

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.

JEFF COGA · 03:44 PM

Quote:

Originally Posted by Floppster

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.

Floppster · 08:00 PM

Quote:

Originally Posted by JEFF COGA

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 ???

03:51 PM	#1
goober Gold Member Join Date: Jul 2008 Location: OBX Posts: 32	will rates go up? have you seen mortgage rates have gone up almost 1% in less than a week!!!! will c.c. rates be going up too?

06:58 PM	#4
fffresh Centurion Member Join Date: Apr 2008 Location: the edge of the world Posts: 412	Rates should keep going down. 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.

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08:05 PM	#2
indianamom Gold Member Join Date: Oct 2008 Location: Bloomington Posts: 35	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.

08:09 PM	#3
indianamom Gold Member Join Date: Oct 2008 Location: Bloomington Posts: 35	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.