Sunday, January 8, 2012
Wells Fargo is raising my Mastercard interest rate from 5.9 to 21.6% how should I approach them to reduce it?
All banks are raising the APR finance rate because Obama signed into law the " Bill of Rights" for credit card consumers . Which takes effect on February 2010 Wells Fargo raise my APR rates too. What I'm doing is reducing my line of credit from $6000 to $750 . If you reduce your line of credit that means banks can't make as money off you begin with .Wells Fargo also gives me hard time to reduce my line of credit too. Try not to use your credit card with Wells Fargo . This is only way banks will lose out in the end . You might want to check this videos from You Tube " debtors revolt begins now" and "run on the bank" consumers fighting back at the large banks . Also there is a web site called www.my3cents.com Wells Fargo and other various banks have thousands of comments and complaints posted against them
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