i couldn’t agree more! once in a blue moon i will have to carry balance for a month (usually from a Vet bill!) so i was shocked to see my interest rate jump from 9.9% to 15.9%, for absolutely no reason other than my agreement with them allows them to. I called them on it and was told, “well, you received a notice in the mail last month about it…”

I was not late in paying, and my credit score averages between 800 and 820. Fine…i’ll close that account then. Oh, well, wait, they’ll drop it to 13% since I’ve been such a good customer. yeah, right…with their borrowing rate around.5% what justification do they have?