nynickyboy
New member
- Feb 12, 2009
- 1
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credit score? I found out today that Capital One is doubling my APR from 12% to 24%. They've offered me a chance to opt out of the new APR and pay off the rest of my debt at my old rate of 12%. Should I do it? Will opting out hurt my credit score?
It's my only credit card so I don't want to cancel it but it's not like I'm going to use a credit card with a 24% APR anyway - that's just ridiculous!! I've seen from searching online that I am not the only victim of this disgraceful practice. Thanks for any guidance!
It's my only credit card so I don't want to cancel it but it's not like I'm going to use a credit card with a 24% APR anyway - that's just ridiculous!! I've seen from searching online that I am not the only victim of this disgraceful practice. Thanks for any guidance!