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Washing machine payments

April 29th, 2006 at 10:34 am

I got a statement from the credit company and they're adding 2.25% interest every time I make a payment! The only good news about the statement is that I haven't received any late payment charges, or letter charges. I definetly have to increase my payments. It's going to be really hard to clear this bill!

2 Responses to “Washing machine payments”

  1. PRICEPLUS Says:
    1146353797

    Do ypu mean that you make a payment and then your interest goes up 2.25 to 4.5 at after the second payment. Whcih credit card do you have?

  2. scottish girl Says:
    1146392302

    It isn't a credit card, it's with a company. On my statement whenever I make a payment the company adds 2.25% on to the total. I looked at the entire statement and the APR variable is 30.6%.

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