My question involves personal finance in the State of PA
Hi, my wife usually deals with the finances because she wants to, I usually don't look at our statements. She told me months ago that she transferred our credit card balance of 7,000 from USAA for AAA bank of america because the rates were low. She mentioned because we took our debt elsewhere that USAA charged a high fee, I figured a few hundred, that stinks but oh well. Well now I just looked at our credit card statment and seen the fees, there were about 10-15 fees for one 7,000 transfer totaling 5,168 dollars[/B]. This seems to be a 75% interest rate. Is this okay? Can they get away with this? Should I seek legal advice? thanks for anyones help, I feel I'm being taken for on this one!