"Horrible Card"

Aspire Visa Card® Review
Card Reviews
Add Your Own

Written by: bonnie on 2007-03-16

Overall Satisfaction Star Rating
Customer Service Star Rating
Rewards Star Rating
Account Management Star Rating
Delivery Time Star Rating

bonnie's review: Callout Comment Like everyone else, I unknowingly accepted an Aspire Visa offer while I was in college. It came with a $2000 credit limit. I used the card for half of that amount. Suddenly, my interest rate soared from 18% to 28%. This was about three years into my card. I had missed no payments, I was not over the limit. I could find no reason why this happened. I called customer service to complain, and was told that I had an introductory rate--for three years??? I was also told that if I paid on time, they would lower my rate. One year later, I was over the limit because of interest and hidden fees. I called to complain this time and was told that if I paid the amount I was over the limit, they would refund my fees. Lies. They just raised my limit to $3000 so I was no longer being charged $70 every month. Four years later, I owe $2800 on this card. I have not used the card in 5 years. I have faithfully paid not just the minimum balance but at least 20-30 dollars more every month. I have never gotten a decrease in interest (in fact--to the contrary my interest is now over 30%--due to, in their words, my shaky payment history--however, when I pulled my credit report, they have reported no late payments to the credit bureau). I feel that I will never get out from under this debt. I have paid on average $150/month for a total of around 8-9 thousand dollars--ON 1000 in charges!! Yet, my total balance has only reduced around 500. Every month, only 10-15 dollars goes to the balance. The rest is eaten in finance charges, usage charges, interest, etc. This card is unconscionable.

Be the first to comment on this review!

Please login or register for free to view your stats, add reviews and card application results, or post comments.
Credit card reviews and comments are posted by user submission and do not warrant the opinions of Finance Globe.

Disclaimer: This content is not provided by Columbus Bank & Trust Company. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Columbus Bank & Trust Company. Review content is powered by Finance Globe.