In January I called Target to request a reduction of my interest rate on my credit card. Target informed me that there was a moratorium on reducing interest rates, but I could write and make a formal request. I wrote them a letter about how I have been a valued customer for over 10 years, how I have generated over 8000 of dollars for education and how I had never had an interest reduction.
So, on February 11 I receive a response to my letter. Can I give them a call they'd like to help me with my account. I called. Again they said we are not giving any interest reductions. Why waste your time writing to me if they had no intentions of helping me out? Uncle Sam bailed them out, so why can't they help me. 22% interest is not only ridiculus it is usurious.
Thank you Target for your help.
Now, I recommend that noone shop at Target ever again. Why should anyone support a company that does not stand behind the customers who have made them successful.
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