Citi Bank changes the cycle of its payment each month. It is the same thing with Bank of America. Even though I paid my payment every month, if it went in one day late, they raised the interest as much as 10% for the one month the payment did not get there.
They charge $39 if it is one day late, then raise the interest until it is impossible for the normal working person to ever pay it off with regular payments. They raised it from 18.99% to 28.99% because it was late one month. I never missed a payment; I just did not get it there on time one month.
Stay away from Citi Bank and Bank of America. This bank has the same bad business practice.
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