A note from my recent statement on a Juniper/Barclys card:
IMPORTANT ACCOUNT NOTICE
Please note we do not engage in a practice known as "Universal Default."
Universal default permits a credit card company to increase your APRs simply because you
fail to make a payment on a loan with another lender or your credit history contains other
negative information.
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid
