GoFuckYourself.com - Adult Webmaster Forum - View Single Post

Sly_RJ · 09-10-2003, 01:35 PM

When I was a senior in high school I wanted another credit card besides my bank issued card. So I find this card online, Next Card, looks pretty decent so I joined. Started out at $1k, after a couple months they raised it to $1.4k. Sweet deal.

About 2 years ago, Next Card goes out of business and sells all their accounts to another company called My Merrick. My new card gets issued, doesn't really phase me because I never really used the card.

Couple months ago I needed to take some last minute trips to see family, friends, etc. So I figured what the hell, I'll just charge everything. Charged. Probably about $800, not that big of a deal. So right now I'm sitting here looking through my statements and about fell over laughing.

Balance for August: $733
Bill paid in August: $30
New balance: $730

I had $27 in standard fees! No late fees, nothing! They're charging me $10 a month just to have the damn thing, and then 29% annually!

Time to dump My Merrick. I want to pay it off over the next 3-4 months, should I transfer my balance to a new card with a lower APR? Or should I stick with this card and work it off?

09-10-2003, 01:35 PM
Sly_RJ Live Hard - Die Hard Join Date: Feb 2002 Location: Ready to leave... Posts: 17,042	My lovely credit card... When I was a senior in high school I wanted another credit card besides my bank issued card. So I find this card online, Next Card, looks pretty decent so I joined. Started out at $1k, after a couple months they raised it to $1.4k. Sweet deal. About 2 years ago, Next Card goes out of business and sells all their accounts to another company called My Merrick. My new card gets issued, doesn't really phase me because I never really used the card. Couple months ago I needed to take some last minute trips to see family, friends, etc. So I figured what the hell, I'll just charge everything. Charged. Probably about $800, not that big of a deal. So right now I'm sitting here looking through my statements and about fell over laughing. Balance for August: $733 Bill paid in August: $30 New balance: $730 I had $27 in standard fees! No late fees, nothing! They're charging me $10 a month just to have the damn thing, and then 29% annually! Time to dump My Merrick. I want to pay it off over the next 3-4 months, should I transfer my balance to a new card with a lower APR? Or should I stick with this card and work it off? __________________ PHAT SERVERS - Quality dedicated hosting at a quality price! sly AT phatservers DOT com - 147479144