Legal Question in Credit and Debt Law in Georgia

My credit card company sent a notice that they were raising the rate on my card with instructions on how to reject the changes which I followed. The next month they included a note in my statement that my rate was going up to a different amount. I missed this notice and did not respond and my rate was in fact increased. Five months later they sent another notice to further raise my rate. After contacting them I was told that they could send a notice at any time and if I did not respond to reject the changes they would go into effect. Did not my first response to reject the changes constitute a contract and have they not breached that contract by continuing to send notices and raising my rate?


Asked on 11/06/09, 8:52 pm

2 Answers from Attorneys

Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

No. You need to read everything your credit card company sends you. When you don't, you end up with a bad deal. Not reading your mail is not a defense.

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Answered on 11/11/09, 8:59 pm
Scott Riddle Law Office of Scott B. Riddle, LLC

No one can possibly answer your questions since no one here has the documents. Read them carefully.

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Answered on 11/11/09, 9:03 pm


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