My insurance » 186 http://www.getdedicatedserverhosing.info My insurance Wed, 15 Jun 2011 19:40:02 +0000 en hourly 1 ‘Help, my credit-card rate tripled’ http://www.getdedicatedserverhosing.info/help-my-credit-card-rate-tripled/ http://www.getdedicatedserverhosing.info/help-my-credit-card-rate-tripled/#comments Thu, 01 Jan 1970 00:00:00 +0000 admin http://www.getdedicatedserverhosing.info/help-my-credit-card-rate-tripled/ Dear Money Helps: In August 2005, I signed up for a Bank of America credit card with a great fixed rate of 6.9%. Last year I got married and put a lot of wedding expenses on the card, figuring to pay it off in a year or so. I opened my bill last month, and my rate had shot up to 19.99%! I called the bank and was told that I’d been mailed a notification. But I never received it. Can the issuer really triple my rate even though I always pay on time? And is there anything I can do to get my 6.9% back? - Eric Jones, Denver
Answer: Unfortunately, even diligent customers like you can get slammed with out-of-nowhere rate hikes. That’s because some credit-card issuers, including Bank of America, have a policy - buried in the fine print of your contract - which says your rate can [...]

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