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j0387526One third (33%) of consumers say their card companies have altered their rate and terms for the worse, according to a new survey by Credit.com. Those polled reported their card issuers:

  • Increased their interest rate–19% (up from 15% in February survey)
  • Increased their fees–14%
  • Lowered their credit limit–14% (up from 8% in February survey)
  • Increased their minimum payment due–12%
  • Reduced their rewards program–9%

This national telephone poll was conducted for Credit.com by GfK Custom Research North America from June 12-14, 2009. A total of 1,000 interviews were completed, with roughly 500 female adults and 500 male adults. The margin of error is +/- 3 percentage points for the full sample.

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