Question by KMC: Didn’t President Obama have a bill passed where credit card companies can’t increase your APR for no reason?
I just got a letter from my credit card company 1st Financial Bank USA that my APR is going up to 24% which is ridiculous!! I thought they couldn’t do that.
Best answer:
Answer by MKD
That does not go into effect until 2010. Until then open season.
Know better? Leave your own answer in the comments!
