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Updated about 15 years ago,
CC companies keep running havoc!
Seems to be prompted by the good intended consumer protection law, the credit companies keep raising interest rate like it was 1979... I just received a letter from Shitibank that they raising my credit card interest to 18.99%. About six month ago, it went from 11.99% to 14.99%. Now it's getting crazy. Needless to say, I've been paying them on time religiously and my FICO is way over 700.
Any ideas?