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Friday, April 10, 2009
News BofA raising rates on some credit cards
Posted By Rhiannon Fionn-Bowman on Fri, Apr 10, 2009 at 12:51 PM
Carry a balance? Have a low interest rate? Ready to change banks yet?
Bank of America Corp. will hike interest rates on as many as four million U.S. credit-card customers who carry a balance, according to The Wall Street Journal.Customers that carry a balance and have an interest rate below 10 percent will see their rates increase into the double digits, beginning with June account statements.
Read the rest of this Charlotte Business Journal article here.
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