Paulson, Geithner, Bernanke & the Government’s Insider Trading Scandal
Raising the rate on old debt is like raising the price on an item ordered on line before it was shipped.
I maintain several times the credit line that I actually use. When a bank starts being a pain in the neck, I switch cards, tear up the old one, and get a new one. by having several cards I don’t use, I keep my options open.
I have had 3 different credit cards from one bank over the last 20 years. Every few years they start trying to charge fees, so I drop them. A year or two later they send me mail, I get a card without fees, and it starts again. Another bank failed to back me when a local merchant used my card in a way I thought was fraudulent. So I canceled them and got a card from someone else. Another bank started charging me fees about 15 years ago. I dropped them and signed up a year later without fees. I still have them.
We collectively pay the bank employees salaries. Don’t put up with disrespectful treatment.
