Can credit card companies change change the rate on a "for life" balance transfer offer?
I have a significant amount of debt on 2 different cards that were both a balance transfer offer that was 3.99% for the life of the balance. Aside from me missing a payment or going over my credit limit, is there any way the credit card company can change my rate?? Thanks.
Public Comments
- I'm sure if you read the fine print, they probably put a clause in there so that they could.
- Yep, because you missed a payment and went over - that's bad. You're stuck with the higher rate
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