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  • Posted by admin 3 years ago. There are 1 post. The latest reply is from admin.
  1. Credit card issuers have been tightening the strings and increasing annual percentage rates across the board. Any little thing could trigger it--you never know (and have very little control). If you are considered a 'risk' by your credit card company they have the right to raise your interest rates whenever they feel like it.

    http://www.usatoday.com/money/perfi/credit/2008-12-15-credit-card-consumer-squeeze_N.htm

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