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One point, you two: While I'm not a CPA, I do have some undergraduate training in Business Law and I don't think that its legal for them to change the terms of the debt that you already owe, after you've already incurred the debt. They can change the terms under which you borrow NEW money, but not the money that you already owe. I agree that CCs can be cruel in the fees that they charge (and the interest), but my training is that its illegal for them to change the terms of the contract (When you sign the paper with your CC information on it, that's a contract, legally speeking.) once you sign the dotted line. Note: I do not discuss whether they SHOULD do this/that or wether its nice/well-advised, I'm strictly speeking of whether or not its LEGAL. I don't think that it is, a contract is a legal document, so anything that they do that's illegal is unenforceable. (They can't make you pay for things beyond what was part of the original deal.)
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