https://ficoforums.myfico.com/t5/Credit-Cards/Raising-APR-on-a-Closed-Account/m-p/381677#M128429 <P>No, the APR is not locked on a closed account.&nbsp; The <EM>terms</EM> are locked, but I'm sure the terms included a provision for raising the APR to the default rate if you missed a payment.&nbsp; They all do.</P><P>&nbsp;</P> Sat, 15 Nov 2008 17:50:48 GMT Anonymous 2008-11-15T17:50:48Z https://ficoforums.myfico.com/t5/Credit-Cards/Raising-APR-on-a-Closed-Account/m-p/381618#M128402 <P>I just moved and don't have immediate access to my cardholder information, but I missed a payment on an CC account (AMEX) that has been closed since last December. And AMEX raised my APR to the default rate!!! Now I'm entirely sure, but I thought that the APR was locked on a closed account. Does anyone know the facts about this for AMEX?</P><P>&nbsp;</P><P>Thanks,&nbsp;</P> Sat, 15 Nov 2008 16:44:21 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Raising-APR-on-a-Closed-Account/m-p/381618#M128402 PayYouNever 2008-11-15T16:44:21Z https://ficoforums.myfico.com/t5/Credit-Cards/Raising-APR-on-a-Closed-Account/m-p/381677#M128429 <P>No, the APR is not locked on a closed account.&nbsp; The <EM>terms</EM> are locked, but I'm sure the terms included a provision for raising the APR to the default rate if you missed a payment.&nbsp; They all do.</P><P>&nbsp;</P> Sat, 15 Nov 2008 17:50:48 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Raising-APR-on-a-Closed-Account/m-p/381677#M128429 Anonymous 2008-11-15T17:50:48Z