I have been ripped off by at least 3 if not more credit companies offering me 0% interest for a number of months or a year at least. But, then, when I pay online or in the mail, the payment is late, not received, billing statement due date is different on line than on the hard copy statement or the offer was only for new members and then my interest rate goes to 22% from 0% or I have misunderstood the offer.
This is quite a racquet—especially when one pays on line. They get you with the 0% and then they get you again for more and more money.
After repeated attempts to resolve the problem with one co. I switched to another and then the same thing happens over again. I believe the next step should be the attorney general in each state. This is a real rip off and crime.
Sam
Madison, Wisconsin
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