There is a lot of change coming for Credit Card companies, and most of it looks to be good for the consumer, but there is a downside.
Check your interest rates, since the CC companies know it is coming they are jackig up the rates (to as much as 24%) and you have to call to "opt out". Be aware that opting out means you are not going to be using that card anymore. The first time you do the rate will go back up to 24%.
For those that don't opt out, you may be one of the "few" lucky ones that after 6 months of 24% your rate will go down! What a crock of u no what!
Here is a link for all the coming changes- MSN
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