In 1999, my wife received an offer from Fleet Bank for a credit card with a $4,000 limit and a 7% interest rate. This rate was better than our auto loan so we applied for the card and were approved. We used the credit to transfer the ballance of our auto loan to the card. All was well for about 6 months until I received a bill and noticed our interest had jumped to 26%. About a week later we received a revized cardholder agreement. We didn't agree to the new terms of the agreement when we signed the origional agreement so should we be subject to the terms of the new agreement. I called the jerks at Fleet and was told that they had found some adverse activity on our credit report. A little background on this, this card and the auto loan were the only things on the credit report and the auto loan was paid in full! I asked to see the adverse activity and havn't received anything in the mail yet. I think everyone that has been screwed by Fleet Bank should file a class action law suit for their unethical behavior. All in favor, file a complaint and we'll get together.
Justin
Belleville, Illinois e
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