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Tag Archives: raising interest rates

Is It Legal For Bank of America to Raise My Interest Rates? – Lucy

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Lucy “Dear Steve, Have been advised about Bank of America raise in interest rates. I have never been late on a payment. Would like to be part of class action suit. Is this legal? Lucy”   Dear Lucy, The only Bank of America class action lawsuit I am familiar with is the one I previously wrote about, “Bank of America ... Read More »

    I Am 60K in Credit Card Debt And They Are Raising My Interest Rates. – Teresa

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    “Dear Steve, I am in 60k in credit card debt. All payments are current but am reaching the point where the payments could start slipping. I’m receiving notices from the credit card companies that terms are changing. With this kind of debt, I could be in real trouble soon. I need one payment and then cut up the credit cards. ... Read More »

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