05-04-2011 09:08 AM
I'm not sure when, I guess before the new law Target had increased all my APR to 25.9% (I have 4 Target cards). So far in 2 statements this month they say because of your great payment history with us we have reduced your APR... Get ready.... 22.9%!!
While I am glad I got something, I would have preferred they actually gave me a CLI because of my great history not 3% apr!.
05-04-2011 09:45 AM
I just checked. I'm not sure when-- I'll have to go back through the statements to see, but Target must have reduced my APR, because it's at 20.99%. I recall, maybe late 2009ish, that they'd raised their rates across the board, and I think I recall the APR being in the ballpark of 24% or something like that, up from the 18 or 19% that it started out at, I think. It must not have happened this month, or last month, though, because there are not notices with the online statements.
Friendly, Supportive & Respectful
"However gradual may be the growth of confidence, that of credit requires still more time to arrive at maturity” ~ Benjamin Disraeli
05-06-2011 12:02 PM
i just checked my last statement, & my APR went from 25.24 to 22.9...which, ironically, is where it started.
05-06-2011 02:55 PM
My statement cut on the 3rd and I also went from 25.24% to 22.90%
I would of been happy with a CLI since I always PIF.
If it wasn't for this post I would of never noticed, Oh well.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.