Tag Archives: raised my interest rate

Citibank Lowered My Credit Score. – Robert

“Dear Steve, Citi Bank recently raised my interest rate from 9.5 to 29.99, even though I had a perfect payment record. This raised my monthy payment from $300 t0 $750 per month. I called them, and they agreed to return my interest to 9.5 if I agreed to not use my card and allow them [...]

Can I Reduce My Credit Card Debt by 50% to 70% and Pay It Off Without Damaging My Credit? – Robert

“Dear Steve, Recently had to take a 30% decrease in my Income, due to this I have maxed out my wells fargo credit card, they also just raised the percentage to 13.44%, Can I negotiate a 50-70% deduction of my Credit card balance and pay it off with out it effecting my credit? can i [...]

I Used Credit Cards to Get By While in College. Now They Want Me to Pay. – Tracy

Tracy wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]