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Re: Bank of America, Capital One, Chase and Discover Caught Undermining Bankruptcy La
Since we're bashing the CC companies, I understand that they have a practice whereby regardless if you always pay your CC on time, if you're late on another debt - repeat you're late on a debt to someone else - the CC company can raise your interest rate.
It wasn't to long ago that these rates would be considered loan sharking which was limited to the mob. Now, thanks to the real crooks, it's done to millions and is perfectly legal.
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I didn't mean to say it. But I meant what I said. J. McMurtry
In Vino Veritas
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