NEW legislation needed to PROHIBIT change of terms due to low credit scores
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WaMu 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.