Interest rate hike

[Dogzy]

Why after a 10 yr low interest rate environment and a cut in the BOE interest rate today from .75% to .25% , the lowest ever, does PayPal believe it is appropriate or FAIR, to increase interest rates. Mike Carney has specifically said today the rate cut is to help UK households! I believe you are not listening. PP say it is an increasing interest rate environment?..

I await Pp response but should we all go to the Financial Ombudsman as this appears to be an unfair practice????

Thoughts?

Thank you.

[kernowlass]

@Dogzy 

Don't use paypal credit seems a plan then?

[Rigney]

Some here. I have a perfect credit score and repayment history to increase the rate from 19.9 to 25.9 overnight is outrageous. I’m not happy with this at all

[Antzman1962]

How do you think I feel my balance is over 1200 so when they slap the increase on it may put me in the red