Usacomplaints.com » Business & Finance » Complaint / Review: FIA Card Services / Bank of America - Raising interest rates for no good reason!. #271431

Complaint / Review
FIA Card Services / Bank of America
Raising interest rates for no good reason!

3 years before I popped a charge card bill with Bank Of America. Our initial contract was an interest-rate of 0% for 12 months then following the curiosity could be 8.9%. Nicely after only 9 weeks my interest-rate went from 0 to 12.9%. Subsequently on month 12 Lender of America advised me that FIA Card Providers might handle my consideration which my rate of interest could be increasing to 14.9%. Subsequently on month 15 they lifted my rate of interest to 17.9% after which again on month 24 they increase it to my present price of 18.9%. Today I obtained a my yearly rate of interest is likely to be increasing to 27.99% due to data found in my TransUnion Credit History, I approached TransUnion to get a duplicate of my credit report to discover precisely what data they're basing this rate of interest rise on. I've excellent credit based on my regional lender that I've loans with. I've never missed a cost or been overdue having a cost to Lender OF America. This entire encounter with BOA and FIA continues to be deplorable. I've a merchant account with Discover Card and that I have experienced a great encounter together to date. I'd not suggest Bank Of America to anybody. Loan Sharks without a doubt!


Offender: FIA Card Services / Bank of America

Country: USA

Category: Business & Finance

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