Since most of our extended family is out of town this year, we opted for a small scale traditional dinner at home for just the four of us. The kitchen is already cleaned up. DH is watching football, I've got the kids hooked on a Brady Bunch marathon, and I'm going through a stack of mail.
Lo and behold! A little flyer from Chase regarding an Important Change in Terms Notice. Remember this sweetheart of a deal? 15 months at ZERO interest, then a fixed 6.99% APR. Well, just as I anticipated now that we're getting close to the end of the ZERO rate, they are changing the account to a variable rate. Beginning in January when the zero rate runs out, it would be 8.99% but would follow any increases/decreases to the prime rate. I was a little surprised to actually be able to talk to a real person on Thanksgiving Day, but I did and immediately rejected the change in terms. Therefore, the account will be closed immediately. But I will be able to pay off the balance at the fixed 6.99% rate I signed up for.
Add to my list one more thing to be thankful for: The ability to pay off my past at relatively low rates without feeling like I'm being jerked around by the credit card companies.
How This Family Moved To The “Hood” and Paid Off $120,000 in Debt - Recently, I decided to start a new series where I interview people who are doing extraordinary things with their lives. First up was JP Livingston, who r...