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.
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"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.
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