I took out a Silver Visa about 5 years ago with Guarteened life of 6.9% APR I ran up a balance and started paying down, I was paying 3 times the minum balnace like clock work each month and the balance was coing down fast, I did not charge any new purchases for 3 years in order to pay off the entire balance. Then out of no-where they raise the interst rates to 13.9% I have perfect credit with al debts.
Once I discoved they raised the rates, I call there so called customer service, put on hold for 20 minutes, was disconnected twice, finally talked to soome whom I couldnt even understand, I questioned them about why they lied to be, He said THEY changed the terms and I no have to pay 13.9%.. I feel if kind of lies my banks is whats a cuase of the recession. Banks should be acountable and held responsible for the false advertising.