It is amazing at how snobbish and over-toned these buttheads were.

I even have proof I got approved for my Discover Card ON MY CREDIT REPORT already.

They said, we are not going to match the rate. You Max'd out your card. There is a penalty for that. So SAD for you, but there is nothing we can do to reduce this rate.

I'll be taking my business elsewhere. He replied, "No you won't you are bluffing, you can't afford to go elsewhere!"

6.75% Balance Transfer from the CC to the Discover. Plus Discover raised the credit limit another $25K. Oh, well for them. Looks like we will be removing our business. And, we shall not use this card, except for large purchases. getting nowhere close to $40K.

Unbelievable.

And Jay, you are correct. Same thing with those Check Cashing institutions. Those guys are really bad. If things are not paid back as demanded by the contract you sign... they can charge as much as a 327% Annualized Rate. OUTRAGEOUS!

I know one lady that was hooked on gambling... well she originally borrowed $1000 2 years ago. Through fees, penalties and interest rates as high as %327 (yes they slide up there within 2 months) the fees and penalties just keep getting added. So the actual percentage is far greater. She now owes $28K plus a processing fee of 12% of the total.

Ouch.