Generally, state law provides that if you notified your bank or credit union about a post-dated check a reasonable time before it received the check, your notice is valid for six months. During that time, the bank or credit union ...
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Can the credit card company sell my account?
Yes, most cardholder agreements allow the credit card company to sell your account to another card company. This can happen even when your card is active and in good standing. The new card company mails a new card to you, ...
Yes. While the law does not permit the mailing of unsolicited cards, the card issuer can substitute one credit card for another. For example, your card issuer can send a substitute card when there is a change in the card ...
Can my credit card issuer reduce my credit limit?
Credit card companies generally can increase or decrease credit limits, including reducing your credit limit so that you no longer have any available credit. If you no longer have any available credit, you cannot make any charges until you pay ...
Can my credit card company change the terms of my account?
The credit card company has the right to change the terms of your credit card agreement. For significant changes, the card issuer generally must give you notice 45 days in advance. Significant changes generally include increases in certain interest ...
When can my credit card company increase my interest rate?
Credit card companies can usually increase your interest rate if they give you 45 days of advanced notice, but there may be steps you can take to lower your credit card interest rate. None Your card issuer generally must give ...