[DannyTN]

The credit card companies shouldn't be able to change the terms of the deal after you already have a debt. Currently all they have to do is send you a notice and your choice is to pay off the debt or accept the new terms.

At a minimum debt that is already incurred should continue to be treated under the deal you signed up for. And any new additional debt with that company should be treated under the new terms. They shouldn't be able to change the terms on the debt you already have.

[Clemenza]

Currently all they have to do is send you a notice and your choice is to pay off the debt or accept the new terms.

On this point, I will agree with you.