As a result of recent rate increases, cardholders are paying more to borrow on new plastic. (creditcards.com)
10) Re-evaluation of recent rate increases - If your credit card company increases your Annual Percentage Rate, it must re-evaluate that rate increase every six months. (consumerbadcreditguide.com)
And that lag could be exacerbated with the recent rate increase, Balderson says. (inc.com)