Old Project Avalon Forum (ARCHIVE) - View Single Post - Bank of America needs $34 billion to stay viable

Dakini · 05-06-2009, 10:32 PM

I got notice 3 wks ago that both of my BOA credit cards' APR's were being adjusted to increase exponentially - one to 15% and the other to 16% thereabouts. One could refuse the increase by not using the cards again and calling the toll free number provided; then continuing monthly payments at the previous APR.

Credit card customers should darn well read the notices that come in the mail, and we should expect more of this from others - like Capital One.

05-06-2009, 10:32 PM	#5
Dakini Avalon Senior Member Join Date: Oct 2008 Location: Connecticut Posts: 152	Re: Bank of America needs $34 billion to stay viable I got notice 3 wks ago that both of my BOA credit cards' APR's were being adjusted to increase exponentially - one to 15% and the other to 16% thereabouts. One could refuse the increase by not using the cards again and calling the toll free number provided; then continuing monthly payments at the previous APR. Credit card customers should darn well read the notices that come in the mail, and we should expect more of this from others - like Capital One.