CreditCardSettle
These low interest offers have in the small print a paragraph stating that if your balances are not paid in full each month or if any payment is late, then automatically your interest rates increase and what is more is that, any new purchases may or may not be included in the low interest initial offer!
Once your credit report makes your credit card company uneasy, they will normally and automatically raise your rates on interest prior to notifying you of the change. Another is that if they have discovered that you have fallen behind on any of your other cards, they can and usually will increase your rates because of not paying on time.
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