nativechild48 Posted September 30, 2003 Report Share Posted September 30, 2003 Have a relative that has a CHASE card and they got notification that if they do not respond within a certain time, they will increase their interest due to something in their CR. I know how they operate, this rel. has good credit. I am tempted to say close and pay at the old rate; but someone said sometimes this is not a good idea. Any advice Link to comment Share on other sites More sharing options...
kb9tbq Posted September 30, 2003 Report Share Posted September 30, 2003 First call them up to see if a customer service rep with reconsider the matter right immediatley.Had to do this once already on DH's account with Citi Bank... well we are at it again... just last month they sent out another threat to increase and keep it that way if the account is not closed.You don't want to unnessasarily close the account... long established history is a prime contributer to the credit report. If you can save it be all means do so.If the call to customer service don't do it... then write in using www.planetfeedback.comIf you still can't get it down... then pay what you can on the account, even balance transfer what you can and wait a few months to try again with customer service to reduce the interest rate. Link to comment Share on other sites More sharing options...
nativechild48 Posted September 30, 2003 Author Report Share Posted September 30, 2003 You have a good point there, She had had this card for a while but I went to the website Chasebanksucks.com and I did not want to see her screwed. Will tell her to call and just keep paying until she can do a balance transfer Thanks so much Link to comment Share on other sites More sharing options...
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