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Established Contributor
Posts: 971
Registered: ‎01-13-2008
0

Juniper got me...

So far I've been amazed 'cause it seemed I was immune to all this credit hijacking news but Juniper got me. I have a letter dated August 27 stating my fixed 7.9% APR just went to a variable at a current rate of 12.99%. Yippee.

I'll keep the card. These folks just don't know how very little money they are going to get from me. (they don't get any now) hahhahahaHHAha

1-14-08....... TU=683, EQ=667, EX=666
7-04-08....... TU=688, EQ=678, EX=682.......
.......4 of my 5 cards and a new car later.
2/13/09 and forever EX 693
Senior Contributor
Posts: 4,923
Registered: ‎04-19-2009
0

Re: Juniper got me...


beenthere wrote:

So far I've been amazed 'cause it seemed I was immune to all this credit hijacking news but Juniper got me. I have a letter dated August 27 stating my fixed 7.9% APR just went to a variable at a current rate of 12.99%. Yippee.

I'll keep the card. These folks just don't know how very little money they are going to get from me. (they don't get any now) hahhahahaHHAha


 

Considering these folks are master ratejackers that's not too bad!
Established Contributor
Posts: 662
Registered: ‎09-07-2007
0

Re: Juniper got me...

They took me from 13% to 24%.
Advice is what we ask for when we already know the answer but wish we didn't.
Senior Contributor
Posts: 4,214
Registered: ‎09-12-2008
0

Re: Juniper got me...

That rate is still pretty good for a bank that got hurt in the meltdown.  More than a ratejack, this looks more like an adjustment of rates to reflect the capital, profit and loss position of the CCC.

 

My PenFed Platinum Visa has a rate higher than that.

 

Right now if you want low rate cards, you pretty much have to go with either a CU or a bank like USAA or other similar that wasn't caught up in the subprime credit crisis.

 

Addison Avenue offers 5.24%

NFCU offers 7.9%

Alliant offers 8.5%

PSECU offers 9.9%

USAA offers 7.75%

 

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09/03/2009 TU: 777, EQ: 776 ($8 balance on an account dropped me out of 780's)
03/28/2009 TU: 814, EQ: 810, EX: 781 (02/12/2009)
05/18/2005 TU: 563, EQ: 580, EX: 549
Established Contributor
Posts: 971
Registered: ‎01-13-2008
0

Re: Juniper got me...

Most big banks deserve each other. I'm not a bitter person and I haven't seen much damage in all this but the way everything happened in the first place just discust me in general. I truly feel for the average Joe (the one who banks responcibly anyway) and the way these pirates behave towards him/her.
1-14-08....... TU=683, EQ=667, EX=666
7-04-08....... TU=688, EQ=678, EX=682.......
.......4 of my 5 cards and a new car later.
2/13/09 and forever EX 693
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