Good Banks, Bad Banks
Dec. 7th, 2004 03:32 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
legalmooseOkay, Discover Card™ is my new best friend. Even though I have a high balance with them, they just lowered my interest rate again (I called and asked them to do so). They actually lowered it more than I expected them to, and it took effect immediately, which was a very pleasant surprise. It might help that I've started tentatively using the card when I can, then paying the usual monthly payment plus anything I've charged, rounded up (i.e., charge $35, pay $50, plus the usual payment). The rate is still higher than I'd like it to be, but it's considerably lower than where it was when I started this process not quite a year ago.
MBNA's credit card department, on the other hand, is a bunch of pig fuckers who couldn't tell the difference between their ass and a hole in the ground. They would not lower the rates (I have one big card and one small card with them), asking me to call back in another two months (Jan/Feb, about when I started this crusade/process to get my cards paid down this year), and insisting that I should up my payments yet again. This after they told me when I called in February that I could get it reviewed and lowered in six months if everything was kosher. Everything's been kosher, but they're not playing ball. Hell, I've even managed to gradually increase the amount I pay each months, but still no go.
So, frustrated with MBNA, I went online to my credit union and applied for a small balance card with them (and they called me back just now - about an hour after I sent in the application, which would never have happened at Suntrust). This will replace the small card with MBNA, just a $600 balance for small purchases online when you need a Visa instead of a Discover card. So if that goes through, *snip* goes the Suntrust Visa. This was a card that had had a great interest rate under Crestar, but when Crestar and Suntrust merged they rebranded the card to Suntrust and farmed out the management thereof to MBNA, who promptly doubled the interest rate.
I'm still getting things fixed on my credit reports, which is why I've not applied for a big loan to wipe them all out yet. That'll come, but in the meantime any little bit helps, so I'll keep bugging.
MBNA's credit card department, on the other hand, is a bunch of pig fuckers who couldn't tell the difference between their ass and a hole in the ground. They would not lower the rates (I have one big card and one small card with them), asking me to call back in another two months (Jan/Feb, about when I started this crusade/process to get my cards paid down this year), and insisting that I should up my payments yet again. This after they told me when I called in February that I could get it reviewed and lowered in six months if everything was kosher. Everything's been kosher, but they're not playing ball. Hell, I've even managed to gradually increase the amount I pay each months, but still no go.
So, frustrated with MBNA, I went online to my credit union and applied for a small balance card with them (and they called me back just now - about an hour after I sent in the application, which would never have happened at Suntrust). This will replace the small card with MBNA, just a $600 balance for small purchases online when you need a Visa instead of a Discover card. So if that goes through, *snip* goes the Suntrust Visa. This was a card that had had a great interest rate under Crestar, but when Crestar and Suntrust merged they rebranded the card to Suntrust and farmed out the management thereof to MBNA, who promptly doubled the interest rate.
I'm still getting things fixed on my credit reports, which is why I've not applied for a big loan to wipe them all out yet. That'll come, but in the meantime any little bit helps, so I'll keep bugging.
