CardTrak.com - Credit Card Questions and Answers at CardTrak.com: Can my credit card issuer increase my interest ...
 

HomeConsumer Questions › Increase Interest Rates
Q: Can my credit card issuer increase my interest rate because my credit score declined even though I have no late payments?
A: Most of the largest issuers will reset interest rates and credit lines based on significant changes in your credit score. Generally, these score changes are be triggered by maxed-out cards, inquiries or the number of open accounts.

AddThis Social Bookmark Button