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No. of Recommendations: 0

<<< 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.


Penny
suspicious to the point of paranoia?
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