<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by effies kid:
A year ago I entered into an agreement for a 9.9% "for life" AOL Visa credit card. It was the best rate I had so I used the card often. Now that I have run up to a balance of about $4,000, they tell me they have raised my rate. They said they sent me a notice. Probably one of those tiny papers with tiny writing I can't see. They said I would have had to close out my account by March to not accept the higher rate. First, I didn't see a notice. Second, if I am in a "lifetime" agreement, I should not have to be looking for hidden "SLAMS", and third, how do I close out a $4,000 balance in 2 months, even if I would have seen their notice. I feeled like I've been HAD!!! Anything I can do about it?<HR></BLOCKQUOTE>
My response:
We would need to see the original contract. Since you obviously feel strongly about this, take the original contract agreement to a lawyer for review.
IAAL
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