Actually ... this stuff makes sense. Credit card companies stretch the bounds of contract law in their favor.
I’ve long wondered why a credit card company could legally change the interest rate on a purchase I’ve already made. Once I make the purchase, shouldn’t the credit contract and interest rate be set? A credit card company should not be able to unilaterally change the interest on the money they’ve already loaned me.
SnakeDoc
I pay my bills on time and more than once the companies don’t credit it in time (scam) and try to charge you higher interest rates...I won, but CC companies can be very sleazy.