24 weeks

Humph. We got a letter in the mail yesterday from Main Bank thanking us for our concerns as “valued card holders.” They also wrote that their records indicated that our APR, which has not changed in two years (I went through our files and looked), was VARIABLE. Sure enough, when the statement came today, it had risen a percentage point. I called and tried to persuade them to change it to a fixed rate but they wouldn’t budge, saying they had changed the terms of our agreement several months ago and had sent us a notice to that effect. (Of course, no one reads those things.) According to the customer service rep, our only recourse is to write the company president.

We’ll see.