On 15 Oct 2008 16:18:02 -0500, Dave wrote:
On Wed, 15 Oct 2008 11:35:07 -0700 (PDT), said:
A similar case is the ubiquitous change in terms of credit-card
contracts.
I don't believe credit card contracts are ever written at a permanently
fixed interest rate. At least not these days.
In many places, credit card companies have been known to change the
interest rate retroactively on outstanding balances. Lack of proper
regulation!
That is raising the amount you owe without your consent.