When Merrick Bank increased its already outrageous interest rates to over 30%, I paid off my balance with a balance transfer to Bank of America. That closed the account and any renewals.
They refuse to acknowledge I paid them off (which cost me a heavy transfer fee to do). They keep charging fees, as if the account were still open, adding $8 a month renewal fee.
They are slandering my credit report with these fraudulent, crooked practices. I owe them nothing. I paid them perfectly, which they "rewarded" by raising interest with no cause to.
They owe me back interest refunds, plus my cost of transfer fee to escape their rates, which surely are illegal to charge. They ignore phone and written complaints I've made.
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