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<<< FWIW, Chase did this to me a few months ago. My rate went from 5.99% fixed (ha!) to the default rate of 31.99% for no reason. Nothing had changed; I was still paying that card in full each month and the rest of my debt was being paid down and on time.


These rate hikes for people with good records makes me wonder. Are they attempting to screw you up by next jumping your due date forward -- making it likely some will end up paying finance charges?

Wouldn't put it past them.

I had one card (TMF w/MBNA) that repeatedly raised my credit limit, then slammed me with a higher interest rate for having too much available credit. Nothing else had changed.

suspicious to the point of paranoia?
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