"Universal Default": What Credit Card Companies Don't Tell You

By David Smith | November 29, 2014 |

Credit Card Companies are Watching You! SUMMARY: Universal Default is the practice of credit card companies raising your interest rate if you pay a bill late. Rockwell was right when he sang “I always feel like, Somebody’s watching me, And I have no privacy.” Someone is watching you…Credit Card companies! Not only are they paying attention to your…