Usacomplaints.com » Business & Finance » Complaint / Review: Household Bank Master Card - Unjustified increase in interest rate. #298271

Complaint / Review
Household Bank Master Card
Unjustified increase in interest rate

Home Bank obviously must be struck having a class action suit. It is exercise at increasing rates of interest are highlighting on illegal.in my opinion this exercise is partially a direct result the current rash of house foreclosures where home bank has dropped a large amount of cash. To be able to display a revenue they've struck harmless charge card cases for example myself with outragious pursuits prices without any sensible cause. I had been struck having a new price of 30% last month. A notice was delivered to my house declaring they have been delivered a credit history that confirmed my credit rating had fallen and they also were increasing my price from 12.9% to 29.9%. I've had 2 cards with home bank for several years and that I haven't been overdue on any funds. I thought I had been in good position. I named them to keep these things reduce the rate of interest back and so they declined. I requested to talk to a boss and he or she likewise declined to reduce my price. Our credit rating decreased somewhat after purchasing a minute house, but I've created all my funds promptly and that I did not realize why they'd do that in my experience. I had been informed that since "we're a lender, we CAn't reduce the rates of interest in your charge cards like different companys can". I understand BS after I hear it. I told them I needed my card terminated quickly. Not A Problem. These were never thinking about maintaining a great paying client. Obviously they do not benefit anybody. I wonder when the boss understands and sometimes even cares heis dropping clients from the people


Offender: Household Bank Master Card

Country: USA   State: Ohio

Category: Business & Finance

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