Butch

Holy CRAP I hate Citibank right now.

Reapplying for student loans for the upcoming school year.

Last year, they offered me Prime MINUS 1% as my loan rate (about 2.5% now).

This year, they are offering LIBOR PLUS 7.75% (about 8.5% now).

I thought, wtf happened to my credit score, so I bought reports from Experian and Transunion . . . I'm at 800 on both of them, which is even slightly higher than where I was last year when I applied.

I called to see if that jump in rates was normal and was told that the best rate they are offering now is LIBOR plus 4.75%, while the worst they are offering is LIBOR plus 11.75%.

I got the best rate they offered last year - how am I in the middle of the pack this year with an 800 credit score??

Bastards. I'm going to be on the phone a lot tomorrow, I guess.

Ugh.

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I used to be into sadism, necrophilia and beastiality, but then I realized I was just beating a dead horse