15 Credit Rights You Didn’t Know You Had

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  1. Right to being informed

According to the Credit Card Accountability, Responsibility, and Disclosure Act (Credit CARD Act), credit card companies cannot increase your APR (Annual Percentage Rate) on your current balance. They are liable to provide a 45 day advance notice, in case they plan to increase your interest rate on your new balance. Moreover, they are responsible for keeping a regular and steady payment deadline. So, know your credit rights and be informed.

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