After you sign up for a credit card with a low interest rate,a month later the company doubles the interest rate.What technique did the company use?

Name: After you sign up for a credit card with a low interest rate,a month later the company doubles the interest rate.What technique did the company use?
Brand: Quizplus
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Question

​After you sign up for a credit card with a low interest rate,a month later the company doubles the interest rate.What technique did the company use?

Quizplus · Accepted Answer

The company used the bait and switch technique by luring the customer in with a low interest rate and then changing the terms after they have signed up.

​After You Sign Up for a Credit Card with a Low

After You Sign Up for a Credit Card with a Low