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Daily Archives: February 4, 2013

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Why did the interest rate on my credit card jump higher?

bankruptcy attorneys asheville nc, bankruptcy lawyer asheville, creditBy PeteFebruary 4, 2013

As a bankruptcy lawyer in Asheville, I spend time each day explaining how credit card companies treat their customers poorly.  One way, in my view, is through universal default.  Universal default is a concept common in the credit card industry where the creditor can raise your interest rate even if you have always paid their…

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