Card companies Many credit card companies will penalize customers that show signs of trouble anywhere in their credit reports. The following credit card issuers will raise your interest rate because of your payment record with another issuer: http://www.bankrate.com/brm/news/debt/20030620a1.asp
"JACKING" A RATE CAN BE DONE "IF" THEY THINK YOU HAVE TOO MUCH OWED...OR IF THEY "THINK" YOU HAVE TOO MUCH CREDIT EVEN IF YOU OWE NOTHING!!!! That is a STUPID REASON if you have 20+ years of PROOF THAT YOU CAN HANDLE IT!!! AND YOU HAVE THE INCOME... THEY HAVE TO PROVE NOTHING!!! AND THEY WILL NOT ACCEPT ANY PROOF THAT YOU MAY HAVE TO "REFUTE" THEIR BELIEFS!!!!
ALL YOU CAN DO IS "JACK" THEM BACK!!! PAY THEM OFF A.S.A.P. AND CLOSE THE ACCOUNT!!! Or use the account ONE TIME per year for $5.00 in the LAWNMOWER GAS CAN...(then put it back in the SOCK DRAWER)