DO NOT FALL FOR THIS! I was called by National Bank Card Monitor that apparently ""monitors"" the credit balances of people 60 and over (I'm 64) and preys on those with large balances. They promised to lower my rate to 3.9% if I would pay $995 to be added to my new credit card. According to other complaints I have read they either have upped their fee or adjust it to suit the credit profile of each person. I am in deep credit card debt, but managing to hold my own, and my highest interest rate is 10.9%, which I negotiated myself down from 17% directly with the issuing bank. While on the phone I ""googled"" the company and found an F rating by BBB and all of these other horror stories. I told them NO and hung up. YOU SHOULD DO THE SAME!
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