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After a credit card has been active for at least a year, then in response to a lower FICO score, lenders can increase the interest
After a credit card has been active for at least a year, then in response to a lower FICO score, lenders can increase the interest rate spread (over the prime rate, for example)
A. On additions to the balance only
B. On the existing balance and also on additions to the balance
C. On the existing balance only
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