11-30-2008, 03:13 PM
Hmmm. The last thing I got from Citi was on 11-22, and it was a notice they had increased my credit limit again. I just checked the interest rate, and it's gone down over 2% since the first of the year and is currently sitting at 8.4%. Are they trying to entice me into buying something I can't afford to pay for when the bill comes, and then raise my interest rate? Not gonna happen! I've never carried a balance on that card, and I have no debt. Those of you with higher interest rates might also have mortgages or car payments, which would put you at higher risk for default in today's market. My credit report probably looks like I have money coming in each month and nothing going out. Ha, numbers can be so deceiving. 