Quote:
Originally Posted by Leon
I just got my Sam's Credit card statement. They changed the way they calculate interest now. They start charging interest from the very day you use the card. So interest starts accruing immediately. That will be the last time I use their card. Anyone else heard of this? Seems kind of crazy to me.
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That is crazy, and it sounds illegal to me that they can actually do that?
I also assume this isn't written in bold anywhere but most likely in the very fine print?