Legal Question in Consumer Law in Louisiana
Credit Card Company changing rate on acct
I opened a credit card as a fixed rate at 12.99% can a company whenever they want change the rate and now charge me 24.99%? How do I go about to make them refund my interest charges they tacked onto my acct? Do I have a case and what type of attorney handles this?
Asked on 4/01/04, 7:41 pm
1 Answer from Attorneys
Nick Pizzolatto, Jr.
Pizzolatto Law Office
Re: Credit Card Company changing rate on acct
As with anything, read the proposal sent to you when you accepted the card.....USUALLY the company charges a fixed rate as an introductory rate and then it goes up after something like 3 or 6 months.....they cannot arbitrarily raise it....
Answered on 4/02/04, 11:52 am
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