I was given a Sears credit card about six months ago. I’ve never used it and never even activated it. But under their new terms, by the end of a year, I’d have a balance of $437.88 if I did nothing!
New terms: 25.24% interest with a minimum charge of $2.00 and a $35.00 late fee.
Month/Balance
—————–
01/$2.00
02/$37.80
03/$74.38
04/$111.75
05/$146.93
06/$185.87
07/$225.65
08/$266.30
09/$307.83
10/$350.26
11/$393.60
12/$437.88
I called to cancel the card and they tried to offer me other credit! Be careful. Fascism is taking over America.
DRUDGE RETORT 