Wednesday, April 01, 2009

How Could I Have Known?


How I feel: I'm stuck in a tree with my tail in the air and I'm flashing my big orange balls to the world.

Remember how I said I made a huge mistake last Wednesday, without any clue it was going to be a mistake? Well, not only did I not realize I was about to do something stupid, I actually thought I was going to be helping our financial situation. Here goes...

After calling Citibank (they still haven't called me back, by the way) I was feeling bold and decided to do something I'd been meaning to do for a couple months. I called our bank to see about lowering the interest rate on our credit card with them. The only reason we even have the card is because we kept overdrawing our bank account due to my unemployment and getting the card was the only way to have overdraft protection. If your account gets low, they give you a cash advance from the card to cover your checks/payments/bills/what-have-you.

So, this card now has an almost $2500 balance. We pay $20 a week and the interest rate fluctuates between 20% and an astronomical 65% (no, I am not exaggerating). Here, much to my dismay, is what happened:

citygirl: Yeah, I wanted to see if we could lower our interest rate.

credit card bank lady: Ok, let me ask you some financial questions.

ccbl: (after questions about our jobs and income) Alright, I can't lower your interest rate right now because you're only using the card for cash advances. But, I have to tell you that I did lower your credit limit to $2500.

citygirl: Ok...Wait...What?

ccbl: I had to lower the credit limit on the card. With your lack of income right now I can't justify having any more money put on this card. If things change you can always call and ask to have the limit raised.

citygirl: So...Wait. You're saying we now only have $84 left on this card, because you reduced our $8000 limit to $2500, which is right near our current balance. So we have no more cushion?

ccbl: Yes. I'm sorry, it's just not good business for us to have you use this card any more.

citygirl: Ok. Ok...Bye?


I think she may have apologized again before hanging up. So, let me break down what just happened. HUBS and I used to have a cushion if we were running out of money in our bank account to pay for stuff. Now...We don't. All because I just wanted to lower our ridiculous interest rate. That bitch at the credit card took away the cushion. Now if we overdraw our account it'll be just like old times: a $35 charge for going over + whatever the amount is we were trying to pay. Yay!

I managed to remain calm until I got off the phone. And then I started to panic. I called HUBS to let him know what happened and apologized, "How could you have known?" he said.

The more I talked to HUBS the angrier I got and the more I wished I had cursed out the ccbl. No, it wouldn't have done any good, but what did I have to lose at that point? I have literally been daydreaming, all week since then, about the things I should have said to that heifer. Times like these are exactly why God did not give me the power of a witch, because that woman would now be newly unemployed and homeless and if she has a husband he'd be unemployed too. Also, I think I'd make her bald and fat and toothless for good measure.

Holy Jesus, my heart is racing now thinking about it again. All of our credit cards are almost maxed out and now if we overdraw the account we'll just be totally fucked.

2 comments:

SoMuchSugar said...

OH THAT SUCKS. I am so sorry...

(Yes, it is always after-the-fact I think of the best things to say too!)

I am so sorry.

citygirl said...

Thanks. At least she didn't try to sell me on the virtues of baby corn...

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