Re: CC Interest Rate Increased??
Just a suggestion....try applying online for a card from HSBC, preferably the HSBC Mastercard. They approve instantly and they offer 0% balance transfer offers. Atleast you would know right away if you are approved and then you can transfer your balance from MBNA to them right away. I was in your predicament. Only the creditor was Chase. Chase said they had sent me a letter. I never received a letter from Chase. They raised my interest rate from 11% to 23.9% and I was paying more than the minimum and never late. I wasn't even late with any of my creditors. Their reason was "I may become a risk!" LOL.
I had just opened a HSBC savings account and I called regarding their Bank to Bank transfers. The CR asked me if I was interested in a 0% balance transfer offer for 12 months. I was disconnected so I went up to their website and applied for a credit card hoping I would get $4,500.00 to pay off Chase. I was approved for twice that much instantly.
Good luck!
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