raising my interest rate for paying the Min. Mo. payment
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Posted by old nurse
(24.242.34.58) on March 10, 2003 at 23:31:06:
Just one question, After paying my Minimum monthly payment for god knows how long. My interest rate was jacked up one month to the penalty rate of 23.98% !!! When I inquired as to why, I was told that because I was ONLY paying the minimum monthly amount, I was now a high risk account. IS THIS FRICKIN LEAGAL?
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