The odds are that it was because of your credit rating

26% were referred to a certain credit card company by their parents, 35% responded to a direct mail solicitation from a credit card company and 18% signed up at a card vendor's booth on campus.The Truth In Lending act only requires that card issuers give you 15 days notice if they're going to change the rate on a 'fixed-rate' account. The best advice: Shop around for a lower card rate, says McBride. This way you have a card, but it requires preplanning to use. Also you can find out from an airline company which you normally travel with, if it has a tie up with a credit card company which gives rewards for frequent fliers.Many low or no-interest rate cards expire in six to 12 months. When you are in the need of a credit card for yourself or for a loved one you may want to start to check into some of the different credit cards that offer you some kind of a gas reward program. If you are getting a credit card for the first time, it is usually very difficult to understand how it works and what to choose. While this would not have prevented universal default from being activated, she would have been prepared for it and ready to strategize an action plan. The 0% interest rate is a teaser rate that is used to persuade people to use or avail a certain credit card. They want your business, so they’re usually willing to give you a deal to keep you using their card. Banks still will not give out small business owner credit cards like lollipops at the doctor, so you will still need to prove to the bank that your business is on the road to success. Then charged a $400 computer, your interest will be computed on the average between 20 days at $50 and 10 days at $450. But some credit-card watchers are now seeing that even late payments on utility bills can cause card rates to jump. Similarly check with your favorite hotel, restaurant, Gas Company and supermarket if they have a reward program in collaboration with a credit card company.When you swipe the card, that information is read and sent via modem to an 'acquirer' - a company that 'acquires' a payment guarantee from the credit card company based on the information stored on your card's magnetic stripe.