Evidence from the US suggests that Citicard is increasing the APR on all its credit cards.
One blogger claims that I've been told by a source that these rate-increase letters are being staggered. They're being sent in waves (so that customer-service reps aren't overwhelmed by a crush of phone calls at the same time).These rate hikes are regardless of the individual's credit rating.
Loads of information here:
http://www.creditmattersblog.com/
One blogger claims that I've been told by a source that these rate-increase letters are being staggered. They're being sent in waves (so that customer-service reps aren't overwhelmed by a crush of phone calls at the same time).These rate hikes are regardless of the individual's credit rating.
Loads of information here:
http://www.creditmattersblog.com/
