I have had 2 credit cards with providian and paypal and were bought out by wamu, all of the sudden they raised the interest rate on me and then just started down hill from there
J. P morgan just bought wamu and the interest rate on my 2 cards are just outrageous. I called a few months ago to try to get them to lower the interest rate on my cards and they just blew me off. So I thought about bankruptcy and wasn't going to pay them anymore.
So then I started to get phone calls from wamu all day long and even at my work place everyday till finally I told them that I would get caught back up I was only like a week behind on both of them.
Today I called them to plead with them to lower the interest rate on these 2 cards and they refused. On 1 card I owe 5,250 and the interest this month was around 145.00 the total payment for this month was 209.00. I told them that I can't pay this much money per month. That's a lot...
I have another credit card (Capital One) the interest rate is 6.9% I have been with them for Years. An awesome co...
It just goes to show you that wamu or should I say that j. P Morgan does not give a Damn about the economy or you or me.
I can see if people are not paying there bills. I have always paid, maybe late 2-3 times since I have been with them (4-5 years)
Now I have to consider bankruptcy because I'm a single parent and feeding my kids are more important than feeding wamu and j. P morgan
Its a Shame... That their so greedy...
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