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Writing a check to pay credit card bill

The CARD Act permits card issuers to raise your interest rate if your account becomes 60 days delinquent. Yet the law includes a reward for good behavior. Pay your bill on time for the next six billing cycles and the rate increase must be terminated.


 

 

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Editorial Disclaimer: The editorial content is not provided or commissioned by the credit card issuers. Opinions expressed here are author’s alone, not those of the credit card issuers, and have not been reviewed, approved or otherwise endorsed by the credit card issuers.

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Credit Card Blog

Tamara E. Holmes

7 rules for using credit cards to finance a dream

If you can't turn to other funding sources, a credit card might be your only option. Follow these rules to make it work.  ... Read more


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