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Thursday, September 18, 2008

About Credit / Debt Management: Yikes! Sudden Interest Rate Hikes

About.com    Credit / Debt Management
In the Spotlight | More Topics |
  from LaToya Irby
An unexpected hike in your credit card interest rate is one frightening experience, especially if you have a high balance and carry a revolving balance.
 
In the Spotlight
16 Explanations For Interest Rate Increases
"Why did my interest rate increase?" is the first question I have about an increased interest rate. You wouldn't believe some of the reasons credit card issuers gave for increasing interest rates.

 
           More Topics
Advanced Notice for Interest Rate Increases
"Why wasn't I notified?" is the next. Federal law requires credit card issuers to notify cardholders before increasing their interest rates, but only in some circumstances.

 
5 Ways to Respond to Interest Rate Increases
Credit card companies have a lot of power, but you have some too. Find out what you can do about sudden increases in your interest rate.

 
 
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