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  • Not vetted for CNN

    • Click to view plntman's profile
    Posted October 19, 2009 by
    plntman |
    Location
    conway, South Carolina
    Assignment
    Assignment
    This iReport is part of an assignment:
    In need of a Money Coach?

    More iReports you should see

    credit card increases

    By plntman  |  Posted October 19, 2009  |  conway, South Carolina
     

    Have had an unsecured line of credit/credit card for 2.5 years. Now they tell me that my account agreement is changing. I will be going from a fixed rate to a variable rate of prime + 12.74% when i called and asked how to opt out like my other creditors did they said there is nothing to be done and it will take effect in March. I have had other problems with this account and others through them. Is there anything I can do to stop this? I have tried to get a loan through other banks but want something to secure it with and I have nothing to secure it with.

     

    Tks

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