First Equity Card sent my company a promotion letter claiming 10% interest and no anual fee. We accecpted the offer and began to use their card. The interest rate goes up each month and know stands at 23.85%. I contacted the company and ask if I had validated any contract agreements that would cause my rate to go up and was informed no. They agreeded to drop the rate to 16.92% and said that was the best they could do. How the is legal I do not know. Please beware of the Company and their practices.
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