Tag Archives: increased interest rate

Capital One Just Raised My Interest Rate by 5%. Should I Close My Account? – Lori

“Dear Steve, Capital one just raised my interest rate by 5%. I have never even been late with a payment. Should I close the account and pay off at old interest rate, or just accept the new terms? Lori” I asked my friend Susan Nilon to answer your question for you. I wanted to make [...]

Advanta Bank Raised My Interest Rate From 10% to 37%. – Barbara

Because of the volume of submitted questions, I am behind in personally answering every single one. I need your help. I am publishing the question below for you to answer. Please help this person by adding your response and advice in the comments section of the original question. Click here. “Dear Steve, Like most, credit [...]