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What else can I help you with?
Why do you think credit card companies raise interest rates?
Not for devious promos
Can a credit card just raise interest to 29.99 percent without good cause?
Credit card companies can do what they like with interest rates. You are effectively borrowing money from the credit card company (they pay the store for the goods you buy) then you pay the card company back. They are entitled to charge for the service they provide. The interest they charge pays for the production of the cards, the offices, computer systems and staff - and the interest THEY pay on the money they are lending you !
Does your credit score affect the interest rate when you apply for home financing?
Your credit score can possibly affect your interest rate when you apply for home financing. If you have a low credit score, you are considered a higher risk to the bank, and therefore, they may raise your interest rate.
Can a credit card company raise your interest rate if you have never been late on a payment?
Unfortunately, yes.
Is Juniper a legitimate credit card company?
Yes, Juniper is a legitimate credit card company. Just be careful about the interest rate with them. If you are even 1 day late with your payment, they will raise your rate...and I mean raise it alot!
Why do you think credit card companies raise interest rates?
Not for devious promos
What are some ways to rise my credit score without having to apply for some type of credit?
There are a few different ways you can raise your credit score that are easy to do, but you will have to take the initiative first. The best thing you can do, is to find the highest interest rate credit card that you owe money on and pay it off in full. That will immediately raise your score.
Can a credit card just raise interest to 29.99 percent without good cause?
Credit card companies can do what they like with interest rates. You are effectively borrowing money from the credit card company (they pay the store for the goods you buy) then you pay the card company back. They are entitled to charge for the service they provide. The interest they charge pays for the production of the cards, the offices, computer systems and staff - and the interest THEY pay on the money they are lending you !
The purpose of a tight money policy is to?
raise interest rates and restrict availability of bank credit
Does your credit score affect the interest rate when you apply for home financing?
Your credit score can possibly affect your interest rate when you apply for home financing. If you have a low credit score, you are considered a higher risk to the bank, and therefore, they may raise your interest rate.
Why are our up kept business credit cards interest rates raised?
It is recommended that you call the company first and make an inquiry of your account to clarify the sudden raise in your credit cards' interest rates.
Can a credit card company raise your interest rate if you have never been late on a payment?
Unfortunately, yes.
Is Juniper a legitimate credit card company?
Yes, Juniper is a legitimate credit card company. Just be careful about the interest rate with them. If you are even 1 day late with your payment, they will raise your rate...and I mean raise it alot!
Why would JCPenney raise their credit card interest rate at a time the Fed is cutting the discount rate on a customer who has superior credit?
i work for jcp....and because we can :-)
Is it legal to raise a credit card interest rate?
Yes, if the card holder reads the original agreement they will find several notations of when interest rates can be raised. Such as late or missed payments or exceeding the credit limit. More than likely there will also be a variable rate provision on APR accounts stating the card issuer can raise interest in accordance with the prime rate.
Can a credit card company raise your interest rate after you have closed an account?
If you still owe them money then they can change the interest rate, providing they are changing it for everyone and not as a penalty for leaving.
Does the Chase credit card have a low interest rate?
According to reviews they bait you in with a lower interest rate then raise it by about 30% of what you were paying before. So no, if you plan on being a long term customer, they do not have a low interest rate.
