Legal Question in Credit and Debt Law in California

Credit card payment

I want to ask since my interest rate went up so high that even though i always made my payment should i have by now payed by balance to them if they would not have taxed on all the extra interest only because i make less money now . feel I owe them nothing more


Asked on 10/01/07, 7:41 am

1 Answer from Attorneys
Robert F. Cohen Law Office of Robert F. Cohen

Re: Credit card payment

Review your credit card agreement. Perhaps if you don't have it you can find it online. If you believe that the interest rate should not have been increased, obtain an explanation from the bank. Sometimes it's an error. If you still believe that the rate should not have been increased, make an appointment to speak with an attorney locally. Perhaps you're not the only one in this situation and it might be worth pursuing legal remedies on your and others' behalf.

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Answered on 10/01/07, 12:29 pm


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