6.9 % Fixed Offer ?

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macmillion01
 
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6.9 % Fixed Offer ?

Postby macmillion01 » Sun Nov 08, 2009 10:44 pm

Recently I was contacted by a company " Credit Card Ratings " that said they had called because recently I'd requested that my interest rate on one of my cards be lowered, but wasn't. They claimed that if I had any outstanding balance on any of my cards with an interest rate of 15% + they could lower all of my cards to 6.9% at no cost to me ... I visited the site for Credit Card Ratings and couldn't find anything about this. Does anyone know anything about what I've said here ?
Thanks ...


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Mogul of Pineapples
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Postby Mogul of Pineapples » Tue Nov 10, 2009 4:14 am

It sounds like a scam to me. These boiler rooms will play that games and make calls like that pretending they are aware of your situation. They can do this because they know X% of the population has credit card debt or whatever they're peddling, so they can do that because they know it will be relevant for a portion of the people they call. I bet it was a blind call and they have no idea who you are or what your financial situation is.
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DoingHomework
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Postby DoingHomework » Tue Nov 10, 2009 12:59 pm

I've done pretty well through the years operating on the premise that if someone I don't know calls me, they are not offering me something I want or need and do not have my best interest at heart. Perhaps I have missed a good opportunity or two along the way but I suspect the savings in getting scammed or having to put up with idiots calling me more than makes up for it.

I would not have even answered the call.

When I do talk to someone on the phone (because I know them or they are from a company I know of) I always require them to provide documentation and information in writing before I give them of confirm any information. The legitimate companies never have a problem doing this.

macmillion01
 
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Postby macmillion01 » Tue Nov 10, 2009 10:25 pm

thank you for the reply ... I should have added that the balance on any one card would have to be $3k + @ 15% or higher but ... the service was being offered for FREE !

DoingHomework
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Postby DoingHomework » Fri Nov 13, 2009 1:55 pm

macmillion01 wrote:thank you for the reply ... I should have added that the balance on any one card would have to be $3k + @ 15% or higher but ... the service was being offered for FREE !


It could be a good deal but, like I said, I would be very suspicious if they called you out of the blue.

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Cucumber
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Postby Cucumber » Wed Nov 18, 2009 2:19 am

Dude this sounds like a scam......
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Stop talking crap about him!



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