How do other bills increase my credit card interest rate?

Have you ever been late on some other bill and your credit card rate still went up?

What do your other bills have to do with your credit card bills? The next time you review your credit card statement look for the term Universal Default. Universal default. If you miss any payment with another creditor, you will be in deefault of your credit card contract. Universal Default also says that you can be in dee fault if your balances with other creditors are too high.