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Credit & Collection Legislation > NEW legislation needed to PROHIBIT change of terms due to low credit scores

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NEW legislation needed to PROHIBIT change of terms due to low credit scores
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New PostsWaMu 26% rate due to credit without any derogatory data
This topic was about CHASE. 11/20/07: Chase press release announcing new practice NOT to use credit bureau information to rate accounts. FINALLY! Now WaMu increased the rate to 26% on a credit card due to the credit, but there is NOTHING negative on the credit reports. The high balances caused the low FICO score.
55Tue Dec 11th, 2007 06:44 am
by Christine
in Open Letter to WaMu: My refusal to pay my $8,000 WaMu (Providian) VISA card due to the 26% interest Go to last Post

 Current time is 11:41 pm

Credit & Collection Legislation > NEW legislation needed to PROHIBIT change of terms due to low credit scores
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