Robert
Irvine,#2Consumer Comment
Thu, May 29, 2008
There is some information lacking in your report. You had an inital purchase of about $1500. Even if we assume that your balance was still $1500 when you started to put $100 a month this should have been paid off in under 2 years even with a 33% interest rate. At $100 a month if you started this as late as December 2005 this should have been paid off before the end of 2007, and no where near the balance you are saying you still have. So what is the rest of the story... Did you miss payments? Did you make new purchases? By the way if you didn't like the 29% interest rate you did not need to use their credit. You could have purchased it on another credit card with lower interest rates or pay cash and get charged no interest.