Called to lower interest rate...

iVillage Member
Registered: 07-02-2008
Called to lower interest rate...
3
Wed, 01-21-2009 - 2:35pm

So I finally got my DH to call about our c/c interest rate. He is the primary on the card so I can't call to argue stuff like interest rates on it. He calls today. The lady isn't doing much for him but telling him "its the going interest rate..." blah blah blah. It is at 19.99 %. He asks to be transferred to a manager.


The manager tells him that although we have a history of always paying on time and paying at least the minimum (our minimum is about $500. I try to pay $550 at least) he asked us WHY we aren't paying double or triple the minimum. SERIOUSLY? IF WE HAD DOUBLE OR TRIPLE THE MINIMUM WE'D PAY IT IDIOT.


My husband told them well when your minimum is $500 and $300 of that goes towards interest its hard to pay more then that.


The guy said he'd "take a look at things" and get back to us. We are just frustrated.

iVillage Member
Registered: 03-17-2003
Wed, 01-21-2009 - 7:44pm
Aw that's terrible.
iVillage Member
Registered: 04-10-2003
Thu, 01-22-2009 - 8:33am

What a knob!!!!! (the manager, not your husband, lol). What a stupid thing to say! Who honestly expects that in a major recession people will have a few hundred extra lying around each month. Seriously!!


As for interest, its outrageous!!! Of course you have problems paying it when they are adding so much in interest!!


Bex -

Avatar for fire_bug
iVillage Member
Registered: 03-25-2003
Thu, 01-22-2009 - 11:06am
IMO, he should call again. I think a lot of times what they'll do for you depends a lot on who you talk to. It can't hurt to try.


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