If a consumer agrees to enter into a contract with a credit card company and later down the line they are using more credit, which pushes them closer to their credit limit and as result the credit card company increases their interest rate "without their knowledge," what happens if these terms were listed in fine print and perhaps it was simply overlooked by the consumer. Discuss the potential power differential between credit card companies and the consumers in contracts?
This question was answered on: May 23, 2022
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