PodcastDirectory | Episode: Can a Credit Card Company Raise the Interest Rate After the Limit is Exceeded or a Late Payment is Made? Podcast

Can a Credit Card Company Raise the Interest Rate After the Limit is Exceeded or a Late Payment is Made? Episode | Credit Card Posts - Podcasts powered by Odiogo

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Can a Credit Card Company Raise the Interest Rate After the Limit is Exceeded or a Late Payment is Made?

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DATE : Tue, 17 Jun 2008 02:10:35 +0000
Entered in Database : 2008-06-17 02:10:35
length : 537465
Link to the Show / Show Notes

Generally, yes, a credit card company can change the terms on a credit card account (this also includes personal lines of credit and home equity lines of credit) at its discretion as long as the bank notifies you at least 15 days in advance. However, the 15-day timing requirement does not apply if: 1. The consumer has [...]Click here to play

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