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About LinkBackscredit card company may have lowered my interest rate on a closed card.
The cut my interest rate amount in half. Don't know the minimum yet. I just notice that on the website that the interest was reduced. The card was closed by me, at a flat rate way before the new laws when into effect. I am in the U.S. I am just hoping the website is not a mistake.
For your info, I am on dial-up.
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Gold Member
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credit card company may have lowered my interest rate on a closed card
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Centurion Member & Moderator
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That's a nice surprise if it's correct! Which issuer is it? I know Advanta, which is now out of business, was forced to reduce interest rates on existing accounts in order to make good on their promises.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed. Regardless, anything I say is my honest opinion.
Current Cards: American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
Primary Everyday Card: American Express Blue Cash
Primary Travel Card: Citi Thank You Premier
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Gold Member
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It might be a court settlement or an enticement to keep me from going to a ccc. They may have put me in the hardship program automatically. I rather not say the name. At least tell I know if it is true or what it is. Which I will know by the end of March.
Originally Posted by Mogul of Pineapples
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