Bankruptcy

What's Up With This?

By Bob Lawless

A financially savvy Credit Slips correspondent--but aren't they all?--wrote with the following story: "Just received a robo-call telling me that my credit card interest rates were going up, and I should press '6' for more, live information to do something about it. (Of course I pay in full each month, but I was curious.) When a guy came on the line, and began by confirming that I had pressed '6.' He immediately hung up on me when I asked him how they knew my interest rates were going up."

I got a similar telephone call (although we're on the FTC Do-Not-Call List) but was annoyed enough that I did not punch through. At best, this has "hard sell" written all over it, and at worst, it sounds like a scam. Anyone know what is going on with this one? Is it something that a state attorney general or FTC staffer should take a look at?

Full post as published by Credit Slips on June 02, 2009 (boomark / email).