Sears Informative - Sears raising apr
Received notice of change in terms. Sears is raising APR mine to 25.24% not for any delinquency or anything like that. They are raising this before laws go into effect that make this practice illegal. I am opting out of the card. I have till October 31. If you do this option you account will be closed and your APR will stay the same. I am told that if you have defferred financiang it will also be unchanged (per Sears credit rep). My two cents I believe that they should make these laws rectroactive credit card companies are the real terrorists in this country.