APR Went from 15% to 25% for NO REASON.
Thursday, March 18, 2010
Arrgh...you know, the last time I began a blog this way, it was when they cut my hours at work. Apparantly, financial troubles turn me into some sort of pirate.
Damnit. They raised the interest on my credit card from 15% to %25 for no reason except that they could. I've been paying it on time every month! I even checked out my credit reports and there are no negatives on any of them.
Okay, I think once I paid it maybe one day late, so maybe that's where this is coming from, but I actually think this might have happened because I've had the card for exactly 2 years this month, and something in my agreement that I probably didn't read probably said that they could arbitrarily change my APR at the end of every year for no reason to whatever they want...plus all that new legislation is about to go into affect, and they're trying to pull as much as they can while it's still legal...which really sucks for me.
At this rate, I feel like I'm never going to get out of debt, I'm never going to be able to move out of my parents' house, and my adult life is never going to really begin...
What the heck has happened to the world that it's just so hard to even get started anymore? I don't even know what to do at this point. I certainly can't afford the 25%, for starters. Maybe I can get another loan on my car to pay it off? Or sell the car...
Which would probably be kind of difficult right now. It's a TOYOTA.