
Computer errors cause increased interest rates for credit card holders
I have been burdened with this problem a few times. It''s such an awful feeling to open a credit card bill and see your interest rate jump to an unbelievable number. I have seen it go from a reasonable 1 or 2 percent rate to 5, 6, 10, 20, and higher much higher. Usually I have found that with a few hour phone calls to credit card companies you can recover it, but it''s not an easy process. A solution must be found, it must be used, and it must happen very quickly or many people will be paying fees that they just don’t deserve.