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Jtmo
Premium Member
join:2001-05-20
Novato, CA

Jtmo to rantou

Premium Member

to rantou

Re: Being bullied by WaMu about credit card... anybody else?

Get a loan shark it might be cheaper than Wamu
Yes, and unfortunately nothing will be done till after January 2009 about this.
Transfer that debt to the other cards. Tell WAMU you are doing it and that you will never bank with them and will tell everyone how you were treated.
Get a personal loan?
rantou
join:2002-06-04
Wylie, TX

rantou

Member

said by Jtmo:

Get a loan shark it might be cheaper than Wamu
I had a Mattress Giant (provided by Wells Fargo) account nearly 2 years ago for one of their no-interest promos and I got a call a few months ago stating that they were interested in helping me pay off debts by providing a loan. When I asked them to give me some numbers they wanted me to consolidate my debt to an account at 23.75%, which was absurd. Apparently this taught me that people do this on a regular basis or there wouldn't be a market for 23.75% debt consolidation loans. WTF is anybody consolidating their debt and paying over 20% more than the street value over 1 year?!?