Another Interest Rate Increa
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Another Interest Rate Increa
| Tue, 09-08-2009 - 8:36pm |
Today in the mail I received my PayPal Buyer Credit statement - in the envelope was another one of those letters - it is in bigger writing just like my Wal-mart card was - and until today I didn't realize that Wal-mart and PayPal Buyer Credit are both through GE Money Bank.

With the balance you have now, I calculated your interest will be about $8.15. Personally I would cancel the paypal unless there is a compelling reason that you need to be able to purchase online. If you don't have a balance on the Dell card the interest rate doesn't really matter until you have to use it, and by then you could have an emergency fund built up to use for a new computer. JMO
Sharon
Plus, what is online that is so crucial? Nothing. I have a PalPal account for Amazon and ebay but have never bought anything from ebay just sell. But, the point is from your two posts, it sounds like you and DH are borrowing Peter to pay Paul sort of finances,so worrying about a future PC and online purchases is least of worries. Did you think of asking the bank (a friendly familiar face) about the letter? They can't get blood out of turnip and bank can see the financial picture. Nowadays, collection agencies buy up old debt and scare people into paying them something, so could be one of those companies using bank name as a ruse.