Citibank
Card Interest Rate Raised With No Reason Despite On-Time Payments

Citibank is a giant predatory credit card issuer. They send you a message on your monthly statement that says your interest rate has been raised for one of three reasons.

Although they tell you they cannot tell you WHY, it is just because. Although you make all your payments ON TIME, Citibank tells you they have the right to check your credit according to the cardholder agreement, even if the account is closed, and if they find a late payment to anyone, whether the information is true or inaccurate. As we all know, how accurate are credit bureaus?

YOU as the cardholder have to find the reason, not Citibank! You have to live with their choice. You are offered a number for the credit bureau and told to find out the reason. Now that makes sense? So although you may find no reason on your credit report, all Citibank will tell you is that it was their choice!

Company: Citibank
Country: USA
State: South Dakota
Address: PO Box 6004
Phone: 8009505114

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