| reply to cdru
Re: No responsibility said by cdru:Contracts have been changing for years. It's nothing new. The world won't come to and end. Plus, all companies aren't changing contracts. No, but many are putting in clauses that say they can change the contract for whatever reason they feel like it.
said by cdru:Citation please to where they were changing existing financing agreements. Not existing agreements but if you wanted a new car, they were inserting that language in the deep fine print.
said by cdru:No, the agreement you signed almost definitely had a clause or two that stated the interest rate could change and that it wasn't fixed forever. The agreements I signed were as long as I paid THEIR bills on time, they wouldn't raise my rates. If they saw something else on my credit report, then they couldn't raise my rates. Now, they changed it to whenever they find anything they do not like.
said by cdru:Canceling a single card impact on your credit rating is minimal. If you are always opening and closing accounts, have too much credit, are maxed out, or have repeated denied credit applications, those things are going to hurt your credit much more. Wrong. If you close one of your long standing accounts, even if it had a zero balance, your credit score will drop. I have 3 active credit cards and about 7 more that are free and clear. I had a WaMu card cancelled because WaMu went belly up and my credit score went down. That card had a $17,000 credit limit.
said by cdru:Read your customer agreement and stick to your guns when trying to get out of an contract if they raise rates. From that agreement (emphasis added): quote:
Our Rights to Make Changes
Your service is subject to our business policies, practices and procedures, which we can change without notice. UNLESS OTHERWISE PROHIBITED BY LAW, WE CAN ALSO CHANGE PRICES AND ANY OTHER CONDITIONS IN THIS AGREEMENT AT ANY TIME BY SENDING YOU WRITTEN NOTICE PRIOR TO THE BILLING PERIOD IN WHICH THE CHANGES WOULD GO INTO EFFECT. IF YOU CHOOSE TO USE YOUR SERVICE AFTER THAT POINT, YOU'RE ACCEPTING THE CHANGES. IF THE CHANGES HAVE A MATERIAL ADVERSE EFFECT ON YOU, HOWEVER, YOU CAN END THE AFFECTED SERVICE, WITHOUT ANY EARLY TERMINATION FEE, JUST BY CALLING US WITHIN 60 DAYS AFTER WE SEND NOTICE OF THE CHANGE.
And go back and research here on this site how many people tried to get out of their contracts and Verizon said no because they didn't think they were violating the contract. many were being upsold into a messaging package they did not want.
said by cdru:Citation please of a single instance where a provider doubled rates of a contracted customer. I should be more clear. They CAN double your rates even if you are under contract. There have been many articles here where the TOS is so vague that anyone could argue you weren't even allowed to use your internet connection. |
