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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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