My credit union Triangle CU in New Hampshire has these thieves as a credit card company. I have had my credit card for almost 2 years... Have always paid on time and most of the time I paid complete balance. My current rate is 7.99%, I just received notice that they are changing my rate to 19.99%! I just bought a home in July and now pay just over the min due... They must know I can't pay complete balance and decided to make some more money. See their reason below for increase.
1. Utilization of existing credit line
2. Length of established relationship
3. Recent payment activity as % of amount due
The woman on the phone was no help.
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