It’s been happening a lot lately. Credit Card companies are not making the same profits as they were used to and so they are now unexpectedly raising rates, changing terms, reducing credit lines and more.
So if you get an unexpected surprise from your credit card holder and you decide to cancel the card, yet you still have a balance to pay off, can they change the terms again on the remaining balance that you still owe?
See the surprising answer here.
Related posts:
- Negotiating With Your Credit Card Company Don’t expose your hand. Like any good poker player you...
- Final Rules For Credit Card Act On Tuesday, January 12, 2010 the Federal Reserve Board approved...
- Will CARD Provide Clarity? With the CARD legislation taking effect in February, many consumers...
- CARD Deadline Fast Approaching In just one week the CARD credit card reform act...
- 3 More Months Of Credit Card Foul Play The House of Representatives recently passed a bill that would...
{ 0 comments… add one now }