Another Interest Rate Increase

iVillage Member
Registered: 12-21-2004
Another Interest Rate Increase
1
Tue, 09-22-2009 - 6:38pm
Well today in the mail I got my Orchard Bank statement (this is the longest credit card that I have owned - with the lowest limit).
iVillage Member
Registered: 07-02-2008
Tue, 09-22-2009 - 8:05pm

My D and I have good credit (720's) and our interest rate on our one card that we paid off (that had a $21,000 balance) was 18.99%. No matter what we did or how often we called them they would not lower it.

So frustrating. You are doing the right thing - trying to pay them off and keep one card open for emergencies.