英语词汇“retroactive interest rate increase”的翻译、意思、用法、释义-英汉经管词典

单词	retroactive interest rate increase
释义	retroactive interest rate increase Definition A typical practice used by the credit card industry to retroactively increase the interest rate on past purchases. This results in a sudden increase in the card's outstanding balance. This tactic is becoming widely considered predatory lending, and coming under increased scrutiny.
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