Do People Actually Pay This?

firstdown · 10-27-2010, 06:03 PM

OK, so the wife wanted a new washer and dryer so we went to Sears because they had the ones she wanted on sale. The bad news was it still cost freaking $1,675 and that was a good price on them. What gets me is they gave us 10% off if we opened a credit card with 12 months no % so I figured what the heck and opened up a card. It came in the mail today and the interest rate is 25.24% and I have a credit rating over 800. So I then checked my personal Visa and notice it jumped a yr. or so back to around 21%. I think they want me to drop that one because it pays points and I pay it off each month paying no interest. Is this common now days with all credit cards?

10-27-2010, 06:03 PM	#1
firstdown Living Legend Join Date: Oct 2004 Location: chesapeake, va Age: 60 Posts: 15,817	Do People Actually Pay This? OK, so the wife wanted a new washer and dryer so we went to Sears because they had the ones she wanted on sale. The bad news was it still cost freaking $1,675 and that was a good price on them. What gets me is they gave us 10% off if we opened a credit card with 12 months no % so I figured what the heck and opened up a card. It came in the mail today and the interest rate is 25.24% and I have a credit rating over 800. So I then checked my personal Visa and notice it jumped a yr. or so back to around 21%. I think they want me to drop that one because it pays points and I pay it off each month paying no interest. Is this common now days with all credit cards?

Do People Actually Pay This?

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