I too am a victim of Bankone increasing my interest rate suddenly. I had a rate of 9.9 percent and I did receive a notice that my rate was going to increase to 26 percent. If I did not want to pay this I could write them and tell them I did not accept the new terms and I could keep my current rate. I did this and they wrote me back telling me that my request could not be completed and stuck me with the 26 percent rate anyway. There should be a law against this. I hope Bankone eventually gets the shit sued out of them! I will be first in line to do it!
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