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21-10-07, 05:46 PM

These two aren't the only companies doing it, mind - I've received a similar letter from another company (whose name I can't remember), shortly after I cancelled my credit card with Barclaycard.

If something like that occurs, I suspect they just assume you've got no other options for credit - mine was a credit card to replace it with a lovely 65% APR and max limit of about £750.

21-10-07, 05:46 PM	#21
orose Guest Posts: n/a	Re: Outrageous APR These two aren't the only companies doing it, mind - I've received a similar letter from another company (whose name I can't remember), shortly after I cancelled my credit card with Barclaycard. If something like that occurs, I suspect they just assume you've got no other options for credit - mine was a credit card to replace it with a lovely 65% APR and max limit of about £750.