No Wonder Macy’s is Going Out of Business

I have no credit card debt and no car payment and my credit score is in the 800s.  I got a letter from Macy’s telling me that my old Macy’s credit card that I haven’t used in years will have its interest rate increased from 22% to 30%.  This is Macy’s response to Amazon.

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4:34 pm on January 20, 2025