Bank of America
Interest rate increase
- 04-07-2009
- 17
Nowadays I obtained a notice from Lender of America (a previous MBNA card that I've had for more than 10 years) that they're altering my "platinum-plus" rate of interest from 6.99PERCENT to 13.99% and ending their warranty and satisfaction guarantee gains. This really is along with increasing numerous costs and changing their description of the dangerous deal. The notice claims the boost is a result of "a big change within our company methods, and because of the routine of funds and RATE about the consideration." The truth is the routine is just a 10-year old bill, never a late-payment, $1,000 stability having a $20,000 restriction and all funds have now been atleast $100 per month. This appears to be common of National Companies today. Do anything right your whole existence, then cause you to purchase the errors, misfortunes and scams of others.
Company: Bank of America
Country: USA
State: Connecticut