Stop Paying High Credit Card Interest Rates Again

Getting higher interest rates and fess on one's credit card has recently become a major issue and many people are not happy with the bank's attitude which are often haughty and uncooperative.

A zero interest credit card is clearly an obvious opportunity to save money. Several credit card companies offer programs where you do not have to pay interest, or finance charges, on the line of credit. In nearly all of these situations,

A cunning way of getting more fees from the consumer is to send the bill closer to its due date and should the payment be late by a day, the interest rates will go higher, up to 29%.
The consumer is supposed to be protected by regulations, but until they are put into practice,people will be charged more and more fees.

Consumers who were being charged fees for paying off their monthly balances have sometimes taken drastic measures to prevent this from happening. There is this case of a person who was so outraged because of her bank's attitude that she decided to stop paying her bill. Her take on the situation was that what goes around comes around : if the bank doesn't appreciate her loyalty and timely payments, she won't pay her payments at rates of 29%. In addition, she used Youtube to show this to the public eye. In other words, if the bank treats her disrespectfully, she will do the same in return.

However, such extreme measures are to be avoided. You can get rid of higher rates and burdensome terms which are being presented to you by simply moving your business elsewhere.

The local credit union is a good option to take into consideration, as you will find much lower rates, from 9.99% to 14%. This is because they have your best interest at heart since they are not-for-profit financial institution.

You can suport them by joining as a member and your business will be in good hands.

You don't have to put up with this annoying situation anymore, a credit union is the answer to your problems.

You should consider starting a partnership with a community bank as well. By moving your business to another institution you can both save a lot of money and support your local economy.