This company which is Providian had accounts transfered to Emerge master card which they owned jacked up the interest rate from almost 24% to 29.99% then chages the number of days on their billing cycle so that if you pay the minium monthly payment it all goes toward interest and in some cases does even cover the interest.
Why is the Federal Goverment isn't doing something about this company? When interest rate are droping all over and they just jack them up.
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