it came.....
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it came.....
| Sun, 02-22-2009 - 8:31am |
we got the letter from Capital One saying they were increasing our interest rate. I knew it was coming the minute I read someone else on here got the same letter. Good news: we paid of DF's capital one card. Bad news: i still owe $400 on mine. were thinking of transfering $300 from DF's overdraft loan into my capital one card. our loans are only 11.25% where as the capital one will now be 29% almost 30 i think. *sigh* im ready to cut these cards up

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Can you opt out of the increase?
Hi Robyn,
I, too, haven't received any notice.
The 0% offer should be locked in for the specific period of time - May 2010.
That's correct Robyn: you can opt out which then freezes the current interest rate and the account is closed to future use.
well id hate to have to do that because were trying to raise our credit score, not lower it. i just need to find every way i can to pay it off asap
Oh, you bet, Carolyn!
I sent my letter to Juniper bank at the beginning of the week telling them that I rejected the increase in interest rate - I had e-mailed them once this week - and then last night I got an e-mail from them saying that they had received my rejection of the interest increase letter and that my account had been closed.
I just want to remind you things won't always be this way.
I hope to get them paid off even sooner now....I want to snowflake everything I can toward them!
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