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Credit Card Question
Posted on 8/13/08 at 5:11 am
Posted on 8/13/08 at 5:11 am
I just got my first credit card with capital one and the interest rate is ridiculous. 19.8%. The credit limit is real low ($300), and I was just wondering if credit companies lower their interest rates after issuing the card. I'm going to use this card and pay it off quickly to get some good credit to my name, but will I be stuck with this raping of an interest rate?
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